Opportunity rings in frontier markets like Nigeria

Lagos, Nigeria (Photo credit: kelechiamadiobi.com)

With all the turbulence in the global markets these days, it appears that many U.S. investors are choosing to turn down the volume over the holidays, perhaps saving their song for when volatility improves.

The big volatility driver lately, particularly in the emerging and frontier markets, has been plummeting crude oil prices, which sank from more than $115 a barrel this summer to below $60. The decline was a mixed blessing. It hurt major oil exporters such as Russia and Nigeria, but provided a boost for countries that import the bulk of their energy, like China and India.

Read more: Do You Hear What I Hear? Why Opportunity Rings in FM & EM | BlackRock Blog | Global Market Intelligence.

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