More Upside in Resource Stocks

Source:

MB Asset Management said in a report the continued rise of commodity prices in 2008, despite a slowing US economy, is evidence that emerging markets have changed the foundations of the resource market.

Resource stocks may have more upside as growth in emerging markets, especially China, continue, supporting views that emerging market growth has decoupled from growth in developed regions.

RMB Asset Management said in a report the continued rise of commodity prices in 2008, despite a slowing US economy, is evidence that emerging markets have changed the foundations of the resource market.

Rules that applied in recent commodity cycles may need to be reviewed, at least for the present.

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