Wednesday, May 30, 2007

Article: Foreign Markets

Here, there and everywhere Economist.com

Investment banks are of course investing global and the growth of such markets will clearly outpace U.S. markets for awhile. There is a lot of catching up to do, after all. However, the road will have some pitfalls as transparency is created in those markets. Additionally, it just isn't simple for small time investors to buy foreign stocks. It will be nice when it is all piped into Ameritrade or Etrade.

"Almost all of them are now increasingly involved in the so-called BRIC economies, Brazil, Russia, India and China. Next in line may be some of those Goldman has dubbed the N11 (for next 11); in alphabetical order, Bangladesh, Egypt, Indonesia, Iran, South Korea, Mexico, Nigeria, Pakistan, the Philippines, Turkey and Vietnam."