Fund Managers Bullish on Emerging Markets in 2010

December 14, 2009

Fund managers are betting that emerging markets will be the best place for growth in 2010, due to their lack of correlation to the rest of the world and its sluggish, forecasted recovery, but lower correlation does not mean greater safety. Energy, technology and health-care sectors will lead domestically, but unemployment will likely remain around 10% for at least another six months, forcing the Federal Reserve to keep interest rates low for as long as possible, experts say.

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