Best Blogs of the Week #196
All three posts this week cover important international situations.
Russia’s economic woes have driven down both labor and real estate costs—the big players’ two largest operating expenses. This should make it cheaper for them to open more stores in future—providing yet another boost to their consolidation prospects.
Looking past Greece –Invesco
The Chinese equity market has declined sharply over the past month, with the Shanghai Composite Index off 34.9% from its June 12 high to a July 9 low. This decline is on par with the 1987 US stock market crash, but has yet to reach the depths of the 2007 sell-off in China or the US financial crisis of 2007 and 2008
Exploring the Frontier of Emerging Markets –Wisdom Tree
Although frontier markets can be considered a subset of emerging markets (EM), they also have low correlations to the rest of the investable marketplace.