The US today appears to resemble the performance of the Australian economy and share market following its early 1990s financial crisis and recession.
Monthly Commentary as of August 2010 by Dr. Mark Mobius, Executive Chairman, Templeton Emerging Markets Group.
Brazil maintained its robust pace of expansion, while Poland’s better-than-expected growth in the second quarter was boosted by buoyant domestic demand and sustained solid exports to Germany.
Eurozone’s second-quarter GDP expanded 1% quarter-on-quarter, fuelled by robust exports and corporate spending.
India’s economy expanded at the fastest pace in 2 1/2 years, increasing pressure on the central bank to extend the most aggressive round of monetary-policy tightening in Asia.
The global performance of the property sector has been spectacular over the last ten years – but sadly not always good. The legacy of the crash is, however, not symmetrical, and there will certainly...
Last week, ASEAN central banks highlighted their pro-growth stance, with interest rate normalisation remaining on hold for the most part.
Better-than-expected US employment and manufacturing data for August stemmed fears of a double-dip recession and lifted Asian stocks last week.


