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Pinnacle Digest writes:
In this article Frank Holmes discusses the early rise of emerging markets in 2012. Even though a number of these exchanges were up better than 20% on the year, global investors quickly turned their attention to the S&P 500 which was having its best year since 1998.
Eastern Europe had an even stronger start which is examined along with the Workhorse of the Global Economy: China. The credit cycle in China has reached an upturn phase which is bullish for the velocity of money and continued economic growth.
With the election in China rapidly approaching it should trigger additional infrastructure spending. There is also evidence the Chinese economy may be reaccelerating.
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