Since October 2007, world market cap fell from 62,45 trillion US$ tot 25,5 trillion in March.
Bespoke investments made a interesting remark Interestingly, the BRIC countries (Brazil, Russia, India, China) account for 13.53% of world market cap, while the UK, France, and Germany account for 13.37%. Maybe it’s time for the BRICs to no longer be considered emerging markets.
The market cap of Brazil is now 2,42% of the world market cap, how long will it take Brazil to surpass Germany’s 2,82% Market Cap?
Today the Bel20 fell with -0,45% while the Brazilian MSCI Brazil index rose 2,85%. Since March 2009 MSCI Brazil yielded us a +42% return.
Tags: MSCI Brazil
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