(Bloomberg) -- Emerging-market stocks aren't worth
the risk as the shares become expensive and the returns
associated with owning the more volatile assets fade, according
to Lehman Brothers Holdings Inc. strategists.
Economic growth and borrowing costs that are converging
toward levels in developed markets have eroded the prospects for
gains from shares in regions such as Asia, Eastern Europe and
Latin America, the fourth-biggest U.S. securities firm wrote in
a note to investors distributed today.
Read more at Bloomberg Stocks News
the risk as the shares become expensive and the returns
associated with owning the more volatile assets fade, according
to Lehman Brothers Holdings Inc. strategists.
Economic growth and borrowing costs that are converging
toward levels in developed markets have eroded the prospects for
gains from shares in regions such as Asia, Eastern Europe and
Latin America, the fourth-biggest U.S. securities firm wrote in
a note to investors distributed today.
Read more at Bloomberg Stocks News
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