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Emerging-market stocks are rising on "bets of more stimulus measures and policy cooperation by...

Emerging-market stocks are rising on "bets of more stimulus measures and policy cooperation by key global economies," says fund manager Chu Moon Sung. "Much of the woes over Europe’s debt crisis and the slowing global economy appear to be priced in." But short-term price rises and possible long-term benefits don't mean the in-between will be smooth sailing.
Comments (1)
  • More bad news is good news thinking. Just what the market needs for a stable, long-term rally.
    17 Jul 2012, 05:17 AM Reply Like
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