Reposted from TODAYonline
By Richard Hartung
With Europe sinking and the US economic recovery faltering, investors who want something more than 0.1-per-cent interest on savings accounts have understandably been looking for alternatives to developed markets.
Over the past couple of years, some of them have invested in emerging markets instead. As these, too, have faltered – with slowing growth in China and policy paralysis in India being only two regional examples of uncertainties that have caused markets to drop – some of these markets have also lost their allure. More…