Latin and Asian Markets Lead in 2006
Jan 05, 8:24 AM EST |
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| World stock markets registered a robust performance in 2006, hitting record highs and making huge profits, not seen since the dot-com boom. |
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| The strong global economy, marking the fourth consecutive year of expansion, was the main factor contributing to the strength of 2006. Throughout the year, investors largely ignored high oil prices, geopolitical uncertainty and economic imbalances to drive leading indices to considerably high levels. At the same time, US trade and current account deficits, overheated property markets and high levels of consumer indebtedness remain impending problems for the world economy. |
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