Paulo

Break Up the BRICs

The main point of the article is that the BRIC's should not now be grouped together as a single asset class.
I reached that conclusion more than a year ago, and a damned good thing too!

Global Stock Market Performance

And current P/E's may not accurately reflect country P/E's six months or a year from now. At best, reasonable people might conclude that Shanghai and the U.S. look expensive at the moment, despite differences on the other measures.