Jul 14, 2012

Emerging Markets Are Slowing Down

The other emerging markets are all sharply slowing down in terms of growth–the BRICs, China, Russia, India, Brazil, and also Mexico, Turkey. Partly it’s because there’s a recession in the Eurozone and UK, partly it’s because they’re not doing their reforms. - in Bloomberg

Related: iShares MSCI Emerging Markets (ETF) (EEM), Market Vectors Russia ETF (RSX), iShares MSCI Brazil Index (ETF) (NYSE:EWZ)

Nouriel Roubini is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics.