This 6-pillar curriculum teaches the basic literacy we need to be personally and financially successful and to do so in a manner in which together we evolve a culture that supports the emergence of an advanced human civilization.
Emerging Stocks Rebalancing Against Advanced Country Stocks
By Michael Patterson and Tal Barak Harif
Emerging-market stocks are trading at the highest valuations relative to advanced-country shares in more than two years as faster economic growth persuades the biggest investors to look past historical sell signals.
The MSCI Emerging Markets Index is valued at 14.1 times reported profits and 1.9 times net assets, compared with ratios of 14.9 and 1.7 for the MSCI World Index, according to data compiled by Bloomberg. When developing-nation equities traded at these levels versus advanced-country stocks in June 2008, the emerging gauge sank 48 percent in four months and trailed the MSCI World index by 16 percentage points.
