Nov 14, 2010

Investors Should Stop Chasing “Crowded” Trades In Emerging Markets

Economist Nouriel Roubini said in an interview out today that investors should stop chasing “crowded” trades in emerging markets. He believes that African markets such as Ghana, Kenya, Nigeria and Tanzania are better bets. The distinction is that such African countries are most often categorized as so-called frontier markets, even smaller and less-developed than emerging markets.

in Barron`s