Half empty, half full.
Marketwatch has a story on a Merrill Lynch survey of fund managers. The one takeaway that I got from this - everyone’s confused.
Of those polled, 17% said emerging markets were the least undervalued equity market, while 24% thought of the asset class as the most overvalued. Shouldn’t “least undervalued” mean the same as “most overvalued”?
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However, […]
Written by 2cworth on June 21st, 2006 with no comments.
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