Tuesday, May 23, 2006

BusinessWeek Has An Article About The Recent Sharp Pullback In Emerging Markets

BusinessWeek has published an article entitled "Behind Emerging Markets' Malaise" on their website about the sharp pullback over the past two weeks in the Emerging Markets sector. BusinessWeek interviewed Alka Banerjee, who focuses on international markets as vice-president of global index management at Standard & Poor's. Banerjee seems to be of the opinion that this is just a temporary, but necessary, pullback in the Emerging Markets and that Emerging Markets will continue to do well unless the price of oil collapses.

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