Emerging Markets

The current landscape of global investing contains developed markets, emerging markets, and stagnate markets. The prospects for the developed economies are grim to say the least. With worries of a double-dip still looming over head, there isn't much chance of seeing US GDP break 2% growth. The rest of the developed economies are in the same boat. Emerging markets has been in the cross hairs of investors for quite some time with "hot money" being a problem since before the recession. When investors think of emerging markets who comes to mind? Most think of the BRIC nations, a term coined by Goldman Sachs, referring to Brazil, Russia, India, and China. But should those markets really be referred to as THE emerging markets? According to an article in the Financial Times, no they should not. Yes India and China are having above normal growth, but Brazil and Russia are not. There are many obscure countries who are having huge growth; Azerbaijan, Turkmenista, Angola, Sudan, Indonesia, Bangladesh, Nigeria, Tanzania, and many others. Each of these nations are experiencing high rates of growth. The question is whether these countries have enough stability to gain investor's trust.