Tagged: emerging markets

Emerging Equity Markets are Not the Emerging Economy

With regard to international, *emerging markets I believe and I’m betting real dollars (Vanguard Emerging Markets Stock Index Fund Investor Shares) that the current happenings in the equity markets does not reflect the true economy. We may have overshot on the high side, but while the fact remains that international, emerging markets are extremely volatile, the sector represents true global growth in the future. My indicator: Cash flow. Companies exist on earnings and profits. Look to their balance sheets and numbers don’t lie (well, let me retract that notion; let’s agree, it’s dependent on who is reporting the numbers…Enron, Lehman, etc.)

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