Salient to Investors:
Joseph Dayan at BCS Financial said the panic is abating and investors are moving back to riskier assets such as emerging-market equities as investors quickly realized that Cyprus in not a precedent for peripheral European countries and that deposits in mainstream financial systems remain off-limits.
The MSCI Emerging Markets Index is at 10.8 times projected earnings versus the MSCI World index at 14.2 times.
Read the full article at http://www.bloomberg.com/news/2013-03-20/most-emerging-stocks-fall-as-thai-india-slump-china-rallies.html
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