Emerging markets to grow robustly despite US recession says

wallstreet.dstreetdirect.com — A mild recession, limited to US only, can enable emerging markets to grow robustly in 2008, with stock valuations to remain attractive. Earnings in the developed world will show little or no growth at all this year while emerging markets should be able to generate close to 18 per cent earnings growth this year, HSBC said, citing data from the I Jan 29, 2008 View in Crawl 4