Google+ Followers

Wednesday, 22 February 2012

UBS: don’t bet on a big boost from EMs | beyondbrics –

Looking for another big monetary stimulus from China and other emerging markets? Forget it, says Jonathan Anderson of UBS. Even though we’ve seen interest rates cuts – and can expect more – there’s no scope for radical easing, and no need either.

But, says Anderson, that’s not bad news. It shows that growth is chugging along nicely in most emerging markets, so there should be plenty of opportunities for investors.