The emerging markets will make up 30 percent of spending by 2016, compared with 20 percent in 2011. The report lists these countries as China, India, Brazil, Poland, Mexico, Romania, Turkey, Russia, South Africa, Thailand, Argentina, Indonesia, Egypt, Pakistan, Vietnam and Venezuela.
The report overlooked Korea, which ranks ahead of several of the countries on the above list.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”