In general, considering the slowdown I'm expecting, there's no hurry to buy these emerging markets. You can wait for another six months or so.
If you said, "Marc, here's $1 million. You have to choose, and you can only choose one thing: You can buy the U.S. stock market or you can buy emerging market stocks." If this was an investment for the next five to 10 years, I would say to buy emerging market stocks.
