Salient to Investors:
Wu Kan, a fund manager at Dazhong Insurance said the market focus is returning to the fiscal cliff.
The MSCI Emerging Markets Index trades at 11.4 times estimated earnings versus 13.2 times for the MSCI World Index. 57 percent of MSCI Emerging Markets Index companies so far reporting have missed analyst estimates since the end of September.
Read the full article at http://www.bloomberg.com/news/2012-11-08/emerging-stocks-drop-most-in-two-weeks-tech-shares-fall.html