Axis of Evil, Axis of Joy. Emerging Asia Splits Apart
Investors watch the stock trading board at a securities exchange house. (Photographer: Qilai Shen/Bloomberg)

Axis of Evil, Axis of Joy. Emerging Asia Splits Apart

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(Bloomberg Opinion) -- They were down but never out. The fast and furious stock rallies in Indonesia and the Philippines are a good reminder of what emerging-markets investing is all about.
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