Arbor Asset Allocation Model Portfolio (AAAMP) Blog

AIP Portfolio Management Tips

Jeremy J. Siegel writes “Today the outlook for technological growth is brighter than ever. For the first time in history, thousands of scientist and researchers form China, India, and other emerging markets are working together toward scientific breakthroughs. Progress depends on access to information, and the Internet has made information more accessible than ever.

Advances in medicine, alternative energy, conservation and control of the environment will require huge expenditures, but will reap equally large benefits. In the future the rate of technological growth will actually increase, not decrease.”

In addition “there’s a vast cache of unused purchasing power in the rapidly growing middle classes in emerging economies, especially India and China. The rising middle classes represent the largest untapped markets the world has ever known and will drive demand in the next decade” (Jeremy L. Siegel is a professor at the University of Pennsylvania’s Wharton School and Columnist for Kiplinger Personal Finance)