Emerging Market Consumers Have Had An Incredible Decade

As one of its top investment ideas for 2013, Bank of America recommends getting long the emerging market consumer.

Along with that call: This chart.

image

Photo: Bank Of America

This is part of a bigger story that’s going around, which is the love for BRICS/foreign exposure, a theme that a lot of shops are pushing for 2013.

Another chart from BofA is this one, which shows the long secular outperformance of foreign exposed, stocks. That trend has failed the last couple of years, but now everyone expects that to reverse again upwards.

foreign exposure

Photo: BofA/ML

For more on this idea, see here >

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