The rebalancing of relative economic power is not only alive but gaining momentum. Average investors need to make sure that they are not hostage to an outdated conventional wisdom that underexposes them to this phenomenon.
Mohamed El-Erian, chief executive officer of Pacific Investment Management Co

The BRICs are putting the U.S. on notice that there has to be a cutback on spending and get their house in order. This isn’t an effort to topple the dollar. Any attack on the dollar will hurt them. But they want to make sure this kind of mess doesn’t happen again.
Mark Mobius, executive chairman of Templeton Asset Management, $20b AUM, emerging markets