For a long time, investors aiming for city profits have maintained that the smart money was on emerging markets. Economic growth in Brazil, Russia, India and China, the BRIC countries as they're known, has outstripped opportunities in the U.S. But in recent months, there is evidence that trend is starting to change. NPR's Yuki Noguchi reports investors are turning back to markets in the U.S. and other developed economies.
From NPR News, this is ALL THINGS CONSIDERED. I'm Audie Cornish.
Today, President Obama called all of the country's top financial regulators to the White House to get a progress report on implementation of the Dodd-Frank Act. That's the set of reforms that were passed following the financial crisis. With the fifth anniversary of the financial meltdown nearing, the president wants to communicate a sense of urgency about following through on the reforms.