I'm sure there's a long winded answer to a simple question but had a random shower thought and hoping someone could explain a little bit of economics.
My understanding is long term economic cycles are correlated to GDP.. which is essentially productivity. I know I'm making a very crude relationship here, but would that not mean that the stock market should grow faster in nations that have higher GDP growth? BRIC countries would be an example.
So if that is the case, why would the Vietnam market be doing fairly poorly vs. the S&P the past 10 years when their GDP seems to have been hovering ~5% every year and even never went into a recession like the rest of the world in 2008 (using the definition that a recession is negative GDP for 2 quarters). India also is a case where it appears they never went into a recession in the same time period.
Submitted June 08, 2017 at 11:23PM by pROBlematically http://ift.tt/2s9FxiK
