The World’s #1 Stock Market – Colombia?

“The chart above shows the MSCI Colombia Stock Market Index, monthly back to 1993 (data here).  Over almost every time horizon up to ten years, the returns for the Colombia stock market are the higest in the world:

YTD: 43.4%
One-Year: 67.2%
Three-Year: 25.1%
Five-Year: 25.8% (second to Indonesia’s at 27.6%)
Ten-Year: 38.1% “

Mark J. Perry makes a case for the Congress to ratify the U.S.-Colombia free trade agreement (FTA) – a golden opportunity to gain from Colombia’s thriving economy. Read it on his blog here.

Tags: Business, Colombia, Emerging markets, Indonesia, Investing, New York Times, Panama, South America, Stock Market, Stocks and Bonds, Trade pact, Trade union, United States