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CanadianValue
CanadianValue
Articles (4624) 

Emerging Markets Guru Mark Mobius Provides His Current Thoughts on Each of the BRICS

July 05, 2012 | About:

- Emerging markets will grow on average 5% this year.

- Foreign reserves of these countries are high and their debt to GDP are low.

- One reason Mobius is optimistic on Europe is how much money in emerging markets is waiting to buy European assets.

- China is decelerating, but it is still growing at a rapid pace. The size of the economy is huge, so growth has to slow down.

- India has all kinds of corruption problems, but it is still growing at 4% or 5%.

- Brazil has a currency that is too strong and that is hurting the economy, Mobius is concerned about government forcing resource companies to give some of their assets to social problems.

About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 2.8/5 (5 votes)

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