World Stock Market Value 1999-2009
Things change and keep changing – in finance as well as in life.
In the last few years Australia has done very well to steer a steady path through the financial issues rocking the economies of most of the rest of the developed world, and that world itself is changing.
Take a look at the graphs below which compare the composition of world stock markets in 1999 and 2009, showing the growing importance of Asia (ex-Japan) over this period.
The middle class of Asia is emerging and at full strength will be almost half the world’s population. An opportunity on our doorstep!