| From Seekingalpha.com: The growing sense that the air is quickly going out of the commodity bubble has only served to dampen the already-waning interest in emerging market stocks. Indeed, the received wisdom that emerging market equity returns and commodity prices are tightly linked rests on two key assumptions: First, that the explosive growth in emerging market countries is a major driver of commodity prices.
Second, that commodity prices are major determinants of emerging market economic growth, and therefore, equity returns. While there's certainly some intuitive appeal - not to mention, some truth - in this thinking, the relationship between commodities and emerging markets may be less straightforward than is generally assumed, meaning investments in the emerging markets asset class may still be worth considering..... Full Article: Source
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