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JPMorgan predicts big emerging markets rally
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Thursday, April 16, 2009
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By Daily Crux Editor Brian Hunt:

Top JPMorgan analyst Adrian Mowat says emerging markets are set to rally 39% from current levels. The prediction comes now that markets like China, Brazil, and Indonesia have climbed 36% since early March. Mowat particularly likes Taiwan, South Korea, Mexico, China, and Thailand.

We say you can forget trying to pick individual countries to buy. These markets boom and bust together, so it's largely a waste of time. Just realize that right now, emerging markets are in "mini-boom" mode... and worth a speculation. Just don't forget your trailing stops in case this relief rally peters out.

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Topics: Emerging Markets | Stocks
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