FYI: Stocks and bonds from Thailand, Indonesia and other developing economies are emerging from their burrow.
After ranking as some of the world's worst investments the last few years, emerging markets have produced some of the best returns of 2016. Gains have been so big for Brazilian bank Banco Bradesco, Chinese technology giant Tencent and emerging-market stocks in general that the average mutual fund invested in them has returned 11.5 percent this year. That's roughly double the return of S&P 500 index funds. Returns for emerging-market bond funds, meanwhile, have been even higher, at 12.1 percent, through Wednesday
Regards,
Ted
http://bigstory.ap.org/article/10e41c9888594bf5aa4d12853f14cb4b/emerging-markets-are-climbing-back-dead
