Saturday 30 January 2010

Investors to turn from the US to emerging markets?

Last October, James Quinn, senior director of strategic planning at The Wharton School of University of Pennsylvania, reviewed the US as an economy in which to invest, and he concludes:

An aging country dependent upon oil and debt for sustenance is not the ideal place to invest, and that may be the conclusion that many come to, giving a boost to emerging economies. Domestically, technology – including medical technology - and alternative energy look to provide the best chance for the United States to regain some of its lost prosperity, and therefore are potential areas of focus for investors.

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