China’s New Growth Plan May Push Economy Past U.S. Within Decade

(Bloomberg) — Communist Party officials gather in Beijing this week to map out the next phase of economic development, just days before one of the most contentious U.S. elections in history will produce a president resistant to China’s ascent no matter who wins.


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The country’s 14th five-year plan is expected to center around technological innovation, economic self reliance and a cleaner environment. Officials will also set goals for the next 15 years as President Xi Jinping seeks to deliver on his vow for national rejuvenation by gaining the global lead in technology and other strategic industries.

If China’s economy — which is already recovering swiftly from the coronavirus shock — can stick to the growth trajectory of recent years, it’ll surpass the U.S. within the next decade. The prospect of ever deeper frictions with the U.S. underpins Xi’s strategy to accelerate plans to shield China from swings in

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3 High-Growth Tech Stocks to Buy and Hold for the Next Decade

As the coronavirus took root in the U.S. earlier this year, investors flocked to tech stocks they thought would weather the pandemic. As a result, many technology companies both large and small have seen their share prices skyrocket this year. 

But not all the tech stocks that are flying high now will continue to be great investments in a few years. So to help investors find a few stocks that are worth buying now and that are worth holding onto for the next decade, we asked a few Motley Fool contributors for their top picks. Here’s why they think MercadoLibre (NASDAQ:MELI), Atlassian (NASDAQ:TEAM), and NVIDIA (NASDAQ:NVDA) should be on your high-growth tech stock buy list. 

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MercadoLibre: At the lucrative intersection of e-commerce and digital payments

Danny Vena (MercadoLibre): The pandemic has resulted in a seismic shift in several already growing industries, and two that

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After a Down Decade, Emerging Market Stocks Are Looking Up

Investors hungry for growth have fixated on a handful of U.S. technology giants. But those who cast a wider net are finding emerging market companies that are younger and sometimes cheaper than the FAANGs—




and Google parent Alphabet.

After underperforming the U.S. for a decade, emerging markets face an improving backdrop. More fiscal stimulus and a global recovery from the pandemic, along with a weaker dollar that makes foreign assets cheaper for U.S. investors, should help emerging markets over the next year, says Mona Mahajan, strategist at Allianz Global Investors.

What’s more, emerging markets are rife with internet and health-care companies that are earlier in their growth trajectories and have bigger market opportunities. Emerging market stocks on the whole trade at 15.5 times forward earnings, versus 22 for the S&P 500 index, attracting investors looking for relative bargains. Retail investors allocated new money

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