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The rapid rise of China's middle class may be the defining economic trend of the next 50 years. Though there are several factors that have fueled China's impressive economic growth and created the expectations of global leadership, there is one central theme: a growing middle class. Millions of Chinese are abandoning their agricultural lifestyle in favor of an urban existence … [Read more...] about A Visual Guide to China’s Middle Class

Many of the world's richest individuals built their fortunes in emerging markets. As the emerging markets of the world see their share of global output continue to rise, many investors from developing economies have earned a spot among the world's ultrarich. Although the list of global billionaires is still dominated by Americans and Europeans, several billionaires from Latin … [Read more...] about The Developing World’s Top Billionaires

Despite recent struggles, some experts see brighter days ahead for emerging markets stocks. Since losing approximately half their value during the recent recession, emerging markets stocks have generally recovered much of their value. But this asset class has clearly been the laggard of the ongoing recovery; emerging markets stocks have paced far behind equities of developed … [Read more...] about Why Rick Ferri, Rob Arnott, and J.P. Morgan Are Bullish on Emerging Markets

Capitalism occupies the moral high ground and serves the rich and poor alike. I've been told that I live a charmed life. I cannot rationally disagree. Mind you, it's not that I've never faced a personal challenge or had a run of bad luck; of course, I have. Instead, in the grand scheme of things, I, and my family, have had a good run so far. As a family and as a nation, we're … [Read more...] about Capitalism, a Saint Maligned