things are stabilized WED in Asia markets.
Even Kramer tonite was going on and on about how China is way overvalued. Gotta agree.
the Emerging Markets are not emerging. Yet, here is Latin American Large Caps with a P.E. of only 13.
http://finance.yahoo.com/q?s=ILF
Mexico PE is 19
http://finance.yahoo.com/q?s=eww&ql=1
those PEs are as of July 31. Need to re-figure.
yet, here is a China ETF with a PE of only 10. Cannot trust the financials ...
http://finance.yahoo.com/q?s=GXC&ql=0