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Commentary Topic from greenfaucet

Getting the Most Bang for Your BRIC

At the end of the trading week a Bloomberg article appeared titled, “BRIC IPOs Show Region’s ‘Growing Power,’ Biggs Says,” where famed investor and former Morgan Stanley chief global strategist Barton Biggs acknowledges that “clearly the BRICs are the big growth areas of the world.”

Let’s see how the recent excitement about US stock markets’ move into positive territory stacks up against this year’s performance of the BRIC countries: