Here's an interesting conundrum: investors buy emerging market equities to participate in the rapid economic growth of these countries yet according to the academic research there is no evidence of a link between the increase in a nation's GDP growth and the performance of its stock market.
Marcus Svedberg, chief economist at East Capital, says: "All the reports say the same thing: the link between GDP growth and equity markets is weak at best and for some periods there is even a nega...
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