Source MoneyMorning.com: The Headline You Never Expected: Foreign Growth Could Bail Out the U.S. Economy During a period of increasingly worrisome headlines about the U.S. economy, there is one bright spot.
The rest of the world appears to be doing much better than we are.
In the long run, that’s good news for [...]
Source MoneyMorning.com:
First it was the “BRICs.” Now it’s the “CIVETS.”
In fact, the CIVETS are the “new” BRICs: Expect some of the CIVETS economies (Colombia, Indonesia, Vietnam, Egypt, Turkey and South Africa) to be among the world’s hottest markets in the decade to come. They have the potential to generate the same [...]
Source MoneyMorning.com: The CIVETS: Windfall Wealth From the ‘New’ BRIC Economies Forget the BRICs… the term coined by Goldman Sachs economist Jim O’Neill coined to identify the potential of the emerging economies of Brazil, Russia, India and China.
There’s a new acronym in town: CIVETS.
Haven’t heard of it? You will.
It refers [...]
By Martin Hutchinson
Editor, Permanent Wealth Investor
Money Morning, Investment News
When Goldman Sachs Group Inc. (GS) coined the term “BRICs” in 2003 to cover Brazil, Russia, India and China. This group of four countries was [...]
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