Will BRICs Outperform the US in 2013?
As the year winds down and the holidays pick up, some traders are already looking forward to the New Year. After all, 2012 was a rather volatile year on Wall Street, but will 2013 be any different?
Looking forward to the New Year, Wall Street has many questions about what the future will bring. Top of mind to CNBC's "Trading the Globe," however, is how the collective markets of Brazil, Russia, India, and China — together termed BRICs — will perform relative to the United States.
The term BRICs was coined by Jim O'Neill, chairman at Goldman Sachs Asset Management, a decade ago to describe the most dynamic emerging economies.
Over the years, these emerging markets had been a popular place to invest for many on Wall Street. It remains to be seen, however, if this trade will work in 2013.
Earlier this week, we asked if emerging markets will outperform the U.S. market in 2013. Thanks to all those who voted in our "Trading the Globe" poll! We'll discuss the results on the show.
Watch "Trading the Globe" Friday, Dec. 14 at 7:30 p.m. ET on CNBC!
