Emerging-Market `Panic' May End as Profits Spur 20% Stock Gain

Bloomberg | September 15, 2008 | By Michael Tsang and Eric Martin

[library user]

Bloomberg is link only.

Emerging-Market `Panic' May End as Profits Spur 20% Stock Gain

There is a bright side to the dismal market, if you have some money to spend.

[LS]

FWIW,
I heard a guy on one of the financial networks say he thought the Dow would go down to about 10,000, that there was one more purge necessary, then it would start a solid bull market.

[painter]

bookmark

[RayChuang88]

I think the final purge will be the possible failure and breakup of Washington Mutual Savings Bank, something that actually a lot of investors want to do. Once that clears, then you will see a lot of bargain hunters—especially from cash-rich Bahrain, Dubai and Qatar—jump in and buy a whole slew of stocks at depressed prices.

[rrrod]

Im tellin ya we are DOOMED!

[ARCADIA]

Emerging markets are doing very well relative to developed markets. I work in Latin American division of a major company. My US counterparts don't have all the much to do, while I am overwhelmed.

View from the ground floor. ;)