(Harvest) A major theme at the 2017 Strategic Investment Conference was the shift in economic power from developed markets to emerging markets (EMs). For example, in 1960, the combined GDP of China and India made up only 5% of global GDP; today, it’s 30%.In 1970, the G7 bloc made up half of global trade; now it makes up just 30%. It’s no wonder emerging markets are growing at almost three times the rate as the G7.
4 Charts That Show Why Emerging Markets Will Be an Essential Part of Your Portfolio Going Forward
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