Equity

Geography will become History

I's a really interesting statement, and I fully support this. Geography will surly be taught in history classes. A lot of people believed that emerging markets have decoupled from the developed market and a lot of investors here believed them, till the market started correcting.

I don't want to talk about the speed at which you can travel and how fast and cheap it is to communicate with people across the glob, but it is the dependence on each other. We are now like a jungle where if one animal extinct and the entire food chain is distorted.

The impact of a person loosing job in US has implications on the job prospect of some one in India, China, Philippines and other countries.

The point I am trying to make is that till global markets do not come out of the woods one should keep his expectations limited from the emerging markets. Yes the recovery will be faster and may be steeper then the developed markets but wait till you take the plunge.