Click on charts to enlarge, courtesy of Citgroup Global Markets.
Tuesday, March 01, 2011
Do Emerging Markets Love Oil?
Equity strategists at Citigroup are looking at Global Emerging Markets (GEM) via the prism of Net Oil Balance as % GDP. The following charts should provide kind of hint who is more and less vulnerable to oil shocks.
Click on charts to enlarge, courtesy of Citgroup Global Markets.
Well, if not afraid of short-term correction?
Click on charts to enlarge, courtesy of Citgroup Global Markets.
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