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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

+0.4%

Nov 11 4:00 PM EST

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To: Pogeu Mahone who wrote (43488)	12/5/2008 3:33:55 PM
From: elmatador	Read Replies (1) of 217700

Emerging-market stocks, mired in the worst annual slump since at least 1988, may rally more than 60 percent next year as governments take “aggressive” steps to bolster economic growth, Morgan Stanley said. The MSCI Emerging Markets Index will climb 61 percent from yesterday’s closing level to 810 next year, Jonathan Garner, the London-based head of Morgan Stanley’s emerging-markets strategy team, wrote in a research note dated yesterday. “We expect a fight back from emerging-market equities in 2009,” Garner wrote. “We find the ability and willingness of most emerging-market countries to pursue counter-cyclical policies to be a key difference from previous recessionary environments.” bloomberg.com

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