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The Powerhouse of New Economic Growth (EEB)
Wednesday, May 16, 2012 - 11:08am
Guggenheim BRIC ETF (NYSE: EEB) has attempted to combine the four popular single country markets into one handy ETF. It has become popular for those perhaps unable to buy all four individual country funds or find it more difficult to cherry-pick one or two for inclusion to their portfolios....
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Wednesday, April 25, 2012 - 1:49pm
China: the White Elephant Versus the Dragon
As Brazil, Russia, India and China, the BRIC countries, advance full-steam ahead, Jim O’Neill’s decade-old prediction for this group of only four countries remains prescient. BRIC is growing an economy that will surpass the combined size of the great G7 economies by 2035. Very little is said,...
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Jim O'Neill: Emerging Markets No Longer Emerging But Growing
Wednesday, April 25, 2012 - 10:30am
"The world is new, and the countries driving it are not the ones of past generations," Jim O'Neill, Head of Global Asset Management for Goldman Sachs (NYSE: GS) told CNBC in an exclusive interview from the firm's Summit in New York. Having coined the term BRIC (Brazil, Russia, India, China), he...
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Monday, April 2, 2012 - 11:07am
El-Erian: Emerging Economies to Resist US, European "Second Bests"
PIMCO's CEO and co-CIO Mohamed El-Erian has sounded bells on what he believes are fundamental compromises that could thwart progress on the continued world crisis. In an article appearing on Project-Syndicate.org, Dr. El-Erian refers to two areas where the United States and Europe may be colluding...
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Wednesday, March 21, 2012 - 8:44am
Jim O'Neill: China Produces a New Greece Every 11.5 Weeks
Goldman Sachs' (NYSE: GS) rockstar Jim O'Neill reinforces his ongoing thesis that Greece-focused histeria is tedious at best. While he believes European Monetary System concerns are valid and sovereign debt issues will be there for the foreseeable future, he thinks Greece is small peanuts as long...
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Wednesday, March 14, 2012 - 5:19pm
Five Angry Elephants
Robert Hockett What is by far most remarkable about discussions of the Eurozone's difficulties over the past twenty-four months is what goes unremarked. At least five angry elephants, siblings all, stand in the room stomping beside most of the commentators - especially those who congratulate...
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Thursday, January 12, 2012 - 10:00am
Looking to Invest in India?
How did India get to where it is today? Prior to 1991 the Indian economy was plagued with corruption, slow growth, protectionism, central planning and extensive regulation which discouraged economic expansion. The Prime Minister at the time, P.V Narasimha Rao appointed a career economist, Dr....
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Thursday, December 1, 2011 - 10:04am
Chinese Manufacturing Contracts
Overnight Wednesday, data out of China showed that manufacturing in the nation was slowing. China's purchasing manager index came in at 49, lower than the consensus estimate of 49.8. A reading below 50 signals a contraction in the manufacturing sector. Chinese authorities may have been...
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Monday, June 27, 2011 - 3:53pm
Goldman Sees the BRIC In The G7
It's no secret that the four BRIC nations of Brazil, Russia, India and China are growing their economies like weeds. When Jim O'Neill first created the group in 2001, much of their growth stories were still unknown. Today, a quick Google search and investors can find hundreds of stories about the...
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Thursday, June 9, 2011 - 10:19am
The World Bank Sees More Growth From Emerging Markets
Despite all the negativity facing the U.S. and Europe, The World Bank sees increased growth in the emerging world. The organization has increased its growth forecasts for the group of nations. The bank predicts developing countries will grow at 6.3% in 2011, compared to its 6% January forecast....
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