Mobius makes a few good points in his latest commentary on emerging markets vs advanced markets, here’s a few nuggets and a link to the full article.

• Growth in emerging markets has outpaced growth in developed markets by more than double
• People under the age of 40 are typically entering the most productive years of their lives; they are actively earning income and starting families
• Economic growth on a year-by-year basis may not necessarily result in high stock market performance, but over time improving growth should be reflected in corporate earnings

Source: Templeton