Aug
21
You Haven’t Missed the Emerging-Market Party, Credit Suisse Says
By-
Strategists predict 8% appreciation in stock gauge by June
-
They like South Korea, Russia; cautious on Mexico, India
It’s not too late to ride the emerging-market equities bandwagon. From economic expansion to corporate earnings and capital expenditure, everything points to their overtaking developed peers through the middle of next year, according to Credit Suisse Group AG.
A benign trajectory for profit growth should spur the MSCI Emerging Markets Index about 8.3 percent higher from current levels, reaching 1150 by the end of June, according to strategists at the Swiss bank. The gauge has already notched an 18-percentage point increase over its developed counterpart over the past year and a half…
You Haven’t Missed the Emerging-Market Party, Credit Suisse Says
