Update- Emerging Markets If you are in doubt about economic growth then just consider that the number of people forecast to be in the ‘global middle class’ is predicted to jump from 430 million a decade ago to 1.2 billion by 2030 according to the World Bank and the World Bank predicts that 93% of the global middle class will be from developing countries by 2030. What does that mean? Consumption, consumption, consumption. Consumption is the cornerstone of the capitalist system and the driver of future profits and subsequently investment returns. At Newealth we are always looking to support and promote our clients wherever possible and if you have any ideas or comments, please feel free to email me via ‘Contact Us’ at www.newealth.com.au or to call me on +61 2 9267 2322.
19th-August-2010 | 
