MIC is the New BRIC

[wayneL]

Mexico, Indonesia and Chile to be the growth stories in the emerging market paradigm.

http://www.citywire.co.uk/personal/...ures/content.aspx?ID=355840&re=6757&ea=199083

If BRIC is so 2008, which nations are next: MIC?
By Sara Smith | 09:20:25 | 07 September 2009
The author of the seminal Goldman Sachs research note that coined the term ‘Bric’, Jim O’Neill, no longer talks about these nations as emerging markets.
He believes they are too big and too developed. That they continue to be engines of growth is undisputed, but there are other nations fighting for their place as an acronym of tiger economies.
Chief among these are Mexico, Indonesia and Chile, presumably the best acronym of which would be MIC.
Chile is red hot
Cornhill Capital’s faith in Chile as the next up-and-coming emerging market has led manager Ivan Narandja to create a portfolio devoted entirely to the Latin American region.
Narandja, who is director of wealth management at Cornhill and works alongside head of wealth management Simon Legge, said Chile has a number of attractive factors.
He said it is effectively self-sufficient, with abundant resources, and can boast of being the only investment-grade country to be upgraded to A1 from A2 by Moody’s since the global financial crisis began. It is also the world’s top producer of copper, with output accounting for about one-third of global supply..........................

 

[Naked shorts]

They missed out on these emerging markets.

edit: p.s. oh my, the tin-foil-hat brigade are going to love where I got that report from.

 

[Timmy]

Surely someone can come up with a grouping we can refer to as PRICKs?

 

[wayneL]

Surely someone can come up with a grouping we can refer to as PRICKs?

That'd be the folks at GS. :

 

[prawn_86]

Surely someone can come up with a grouping we can refer to as PRICKs?

Pakistan Russia India China Kenya?

 

[white_goodman]

Surely someone can come up with a grouping we can refer to as PRICKs?

Peru
Russia
India
China
Khazakstan

everyone but Peru is believable

 

[Sean K]

Surely someone can come up with a grouping we can refer to as PRICKs?

Peru, Republic of South Africa, Ireland, Chad, Kazakhstan?

 

[white_goodman]

Peru, Republic of South Africa, Ireland, Chad, Kazakhstan?

I wish Chad wasnt such a shi-t country, epic name...

 

[Bushman]

Lol; the one I wish to invest in is CHICKs.

Lets see:

Columbia
Holland
Italy
Czech Republic
K -??? Are there hot CHICKs in Kazakhstan?

Anyway, I digress from Wayne's excellent emerging markets thread.

 

[white_goodman]

Lol; the one I wish to invest in is CHICKs.

Lets see:

Columbia
Holland
Italy
Czech Republic
K -??? Are there hot CHICKs in Kazakhstan?

Anyway, I digress from Wayne's excellent emerging markets thread.

nah im more into

Singapore
Lichtenstein
Uruguay
Turkey
Syria

 

[Timmy]

Breaking news (to me anyway).

The PIIGS:

Portugal, Italy, Ireland, Greece and Spain.
Europe's weakest links!

 

[Naked shorts]

Breaking news (to me anyway).

The PIIGS:

Portugal, Italy, Ireland, Greece and Spain.
Europe's weakest links!

They're old news timmy, get with the times man!

 

[Timmy]

D'oh!

 

[doctorj]

K -??? Are there hot CHICKs in Kazakhstan?

It'd be rude not respond to this - hell yes

 

[ROE]

If All Failed send in the CIA for some actions (China, India, Australia)
and it goes pear shape blame CIA for secretly destabilise the counties

 

[Timmy]

The new black is
................... STUPIDs

Spain,
Turkey,
UK,
Portgual,
Italy and
Dubai

http://www.zerohedge.com/article/its-chart-stupid