Countries

Here are GDP projections from Goldman Sachs:

SOURCE: Goldman Sachs
2050 Rank Country Name 2000 GDP 2010 GDP 2020 GDP 2030 GDP 2040 GDP 2050 GDP Annual Growth

2050 Rank		Country Name	2000 GDP	2010 GDP	2020 GDP	2030 GDP	2040 GDP	2050 GDP	Annual Growth
1	CHN	China	1078	2998	7070	14312	26439	44453	7.0%
*	EU	European Union *	9395	12965	16861	21075	28323	35288	2.5%
2	USA	United States	9825	13271	16415	20833	27229	35165	2.5%
3	IND	India	469	929	2104	4935	12367	27803	8.9%
4	JPN	Japan	4176	4601	5221	5810	6039	6673	0.9%
5	BRA	Brazil	762	668	1333	2189	3740	6074	5.7%
6	RUS	Russia	391	847	1741	2980	4467	5870	5.0%
7	UK	United Kingdom	1437	1876	2285	2649	3201	3782	1.8%
8	GER	Germany	1875	2212	2524	2697	3147	3603	1.2%
9	FRA	France	1311	1622	1930	2267	2668	3148	1.7%
10	ITA	Italy	1078	1337	1553	1671	1788	2061	1.1%

HBR talked about south africa as a place to invest for next decade
BRIC is expected to have most growth in equity markets for next 40-50 years

Lost Decade 2000-2009

* Emerging markets outperformed developed markets
* Developing classes like commodities outperformed Equity & Bond markets
* Bond markets outperformed equities
* Major market events - tech & dotcom bubble of 2000, credit crunch in 2007
* Lengthy periods of low interest rates

Developed markets Over past decade:
* FTSE all world index = -7.3%
* Dow Jones Industrial average = -9.3%
* S&P = -24.1%, second worst decade ever since 1930's decade
* London FTSE 100 = -22%
* Japan Tokyo = -44%

Emerging markets over last decade:
* Russia = 802% (commodities rich - oil + metal industries)
* Brazil = 301% (commodities boom)
* India = 249% (IT + Outsourcing boom)
* China = 140% (exports, massive infrastructure program)

Commodities:
* Oil = 210% ($25.6 to 147.27 in July 2008 to 79.36 close)
* Gold = 281% ($1096/ounce)
* Copper = 290% ($7375/ tonne)

Currencies:
* US = -23.5%
* Euro = 43%
* Japan = 9%

Bonds:
* 10 yr Yield = 6.6% to 3.84%