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The Next Eleven (N-11) is a team of rising countries with the potential to rival the G8. This team consists of Bangladesh, Egypt, Indonesia, Iran, Korea, Mexico, Nigeria, Pakistan, Philippines, Turkey and Vietnam.
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The modest movements Friday could simply be that investors are “a little bit tired,” stated Paul Zemsky, head of asset allocation at ING Investment Administration. “The fundamentals would show we should be greater.” Shares have been on a regular climb for nearly two months. A pause, especially subsequent powerful earnings the past couple of times, “is completely all-natural and perhaps even anticipated,” Zemsky said.
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