October 3, 2011

In The Two Largest Economies In The World, We Have A Dismal Outlook

In the U.S. and Europe, the two largest economies in the world, we have a dismal outlook.

Naturally, that is going to affect all the emerging markets. Some of the emerging markets of course are making things worse for themselves. The Brazilians put on currency controls, the Brazilians started a possible trade war. So they are not contributing to good things.

ETFs: iShares MSCI Emerging Markets Index ETF (NYSE:EEM), iShares MSCI Brazil Index ETF (NYSE:EWZ)

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC.