Emerging markets growth over the last decade has been tremendous. In the future, as these countries gradually catch up with advanced economies, one can assume that their stock markets will continue to reward investors with strong returns over the long run. Nevertheless, the road ahead is likely to be a bumpy one, as it has been over the past years. Since its inception in April 2003, the ETF EEM (Emerging Market Index) has returned a hefty 22.6% annual return (CAGR), ...
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