Asian Equity Markets (1)

Asian Markets Are In

Asian markets are in for a for the next few years.

Back in 80s or even 90s, investing in Asian stocks was deemed so exotic that its like taking an occassional safari trip for European/American fund managers.

Despite the boom years for Asian equities in 93-96, many professionals still regarded Asian markets and even Asian economic growth as cyclical and temporary.

That view had some truth in it as in decades past, much of Asia was producing primary goods, non-value-added products, churning out low-end cheap products - all of which are susceptible to cyclical effects and not much long term sustainability.