The acronym BRICs refers to the emerging economies of Brazil, Russia, China and India. It was coined by Goldman Sachs in 2001. Today The Financial Times had a piece titled “S&P; calls for Brics break-up“. The gist of S&P;’s call was that these countries should not be grouped together now as a single asset class …

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While the US markets are in the dumps for many months now due to the sub-prime mess, the stock markets of China and India are on fire. Last year the Shanghai market doubled and the index in the Bombay Stock Exchange increased by over 45%. Before you jump with both feet into these red hot …

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