•Emerging Markets Most Expensive Since '07 When Shares Subsequently Plunged

[ByLoSellHi]

http://www.bloomberg.com/apps/news?pid=20601087&sid=aiUZFVXPHW5g

Emerging Markets Most Expensive Since ‘07 When Shares Plunged
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By Adria Cimino and Michael Patterson

STORY TO FOLLOW.

Last Updated: July 12, 2009 19:01 EDT

 

[nazzdack]

Quote from ByLoSellHi:
Emerging Markets Most Expensive Since ‘07.....

I didn't read the article but felt compelled to repeat the adage of "when emerging markets turn into submerging markets to then be very "careful".