andyn

The End of the BRIC Trade

Brazil and India look good in the medium term from a risk/reward point of view.
They have a robust domestic sector which will keep growing their economies.
Brazil also has commodities - which even though has fallen hard - is still valuable.
India will keep growing at 7% due to its partly opened economy which weathers externals better.

Russia is too iffy with Putin at the helm.
China is too dependent on exports and remains to be seen if it can get its internal markets to sustain its torrid growth.
Buy EPI/PIN/EWZ and sell Russia/China.