Libby Mihalka

Emerging Markets Are Coming Back to Life

Please note that this is a weekly blog which always includes a summary of the previous weeks market activity and then covers a topic of interest. Please not that the posting starts off with a paragraph about S&P performance.


On Apr 15 07:48 PM Alan Young wrote:

> Um... okay, but what does the chart of S&P sector returns have
> to do with emerging markets?

Emerging Markets Are Coming Back to Life

I am sorry this article did not meet your needs. This was meant as a general introductory column for my clients about recent trends in emerging markets. I would be happy to suggest additional reading regarding emerging markets if you are interested.

Obama: Stop the Witch Hunts and Stabilize the Banks

I said in the article that these bonuses are egregious. My point is these bonuses represent just 0.02% of the entire taxpayer funded bailout and yet the outcry regarding these bonuses could derail the plan. It will be difficult for Congress to allocate additional funding to the bailout if everyone is having a tantrum regarding these bonuses. This whole sidshow reminds me of last fall when everyone was saying we shouldn't help homeowners or banks because of moral hazard. Look at how well that worked out. If we had taken steps sooner we wouldn't have such high unemployment and be in such a mess. We should keep our eye on the ball and not be distracted by the freak show.