| What does the fate of the BRIC countries and the launch of the latest acronym for investors tell us about today’s commodities businesses? Forget the BRICs and the MINTs; it appears that there is a new acronym in town. In October, market research firm, Absolute Strategy Research (ASR), launched CARBNS, a new commodities-dominated grouping, consisting of Canada, Colombia, Australia, Russia, Brazil, Norway, and South Africa.
This mix of developed and developing economies is ASR’s attempt to address the shortcomings of the traditional emerging market groupings that have dominated investment portfolios and benchmark indices for the past fifteen years............................................Full Article: Source
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