AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Investment: Long Shots, Safe Bets?
Since when have countries like Brazil and Russia become a safe investment bet? Since October of last year--that's when global investors, frustrated with tanking stocks and low yields on U.S. and European bonds, began pouring money into emerging-market bonds at the rate of $83 million a week, up --from $11 million per week last year, hitting a record $218 million in the second week of April. Despite their track record of major meltdowns, Brazil, Mexico and Russia continue to attract money, and returns on emerging-market debt are up 21 percent since October.
It seems investors can't figure out where else to make money ...
Source: HighBeam Research, Periscope.