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BRIC Conclusion: Things are a bit dicey. Manufacturing is taking a hit from the global trade war, although the service sectors are still expanding. On the plus side, inflation is contained, which gives their central banks room to maneuver. Unemployment is low, which should support modest increases in retail sales going forward.
Form an investment perspective, this is a higher-risk region. Investors with a higher risk tolerance who want to invest for the long term might want to consider taking a position in broader country ETFs. But for the risk-averse, this region should be avoided.