| Thursday, January 04, 2007 |
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Investors are expected to target emerging stock markets in 2007 for a sixth straight year, with major investment banks predicting the Morgan Stanley Capital International Emerging Markets Index will climb as much as 15% in the year, Bloomberg reported. Investors are targeting telephone companies and banks to profit from growing domestic spending, the report said.
The Bloomberg report said that emerging market stocks may lead global equity returns for a sixth successive year as consumers from China to Brazil were becoming sufficiently rich to support economic growth even as exports slowed. |
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Investing In Emerging World Markets
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