Monday, August 5, 2013

BRIC markets

(Article from: CNN Money/BRIC Markets Left in the Dust by Charles Riley

"In China, GDP growth could drop below 7.5% this year as the government seeks to implement structural reforms. Brazil, meanwhile, has been hit hard by political unrest, and the real has come under pressure. Russia's economy had a bad second quarter as investment slowed and export demand dried up." ------ BRIC Markets Left in the Dust          

Today I read an article from CNN about the economic situations of BRIC countries. It claimed that BRIC countries might not be the best market to invest now. Accordind to the negative indexes in the following picture, the BRIC countries are having a hard tome developing their economics. (Brazil's Bovespa index, Russia's Micex, Mumbai's Sensex of India, and Shanghai Composite of China)

Political unrest and slowing economies have sent investors fleeing the BRICS. (picture from CNN)

      The speaker (Sean Darby, chief global equity strategist at Jefferies) in the article mentioned that it is common to see a country to slow down after rapid development. Investors are scared of the outflow from the four countries recent months, some of them decided to give up and transfer their money to other markets. It will be another disaster for the four countries because they lose the hope they count on. At this moment, it seems like it is safer to invest money in the other developing countries.


Sunday, August 4, 2013

Time to start working

      It was so hard for me to make up my mind and started to type my first blog article. I started this really late but I am planning to do one blog post each day in order to catch up the pace. Writing blog can be actually fun, it is just like writing diary but make it public so that everyone can know what is in my mind. At first, I couldn't come up with any topics to write about but after a week of observation, I realized there are so many things to write about and can wait to keep typing the next one.
      Today morning I was regretting about writing all the homework on the last day. I was so nervous that I could not finish it on time; my hands are sweating and my mind was spinning so fast that it might have exploded. Luckily I finished five of them on time. I could never imagine I can do so much work in one day. Seriously, it was a horrible experience and I will not try it again. Starting from next week, I will be finishing all my Wordly Wise books and the other homework. It is going to be a productive month.