Saudi bourse a likely play for emerging market investors |GulfNews.com:
"Emerging markets (EM) have had a bit of a rough ride since the mid-2013 ‘taper tantrum’ demonstrated their vulnerability to policy actions overseas, specifically the stance of the US Federal Reserve.
Considering that they were meant to be the trail-blazers — representing the fast-growing alternative to the secularly slowing, so-called advanced nations — that came as quite a shock to the system to many observers.
One key factor that was meant to play to their advantage, and central to the familiar story of the East taking over from the West as the world economy’s locomotive, was the commodity ‘supercycle’, featuring in many an analyst’s research note and institution’s marketing literature."
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