Published February 10, 2017
Throughout the 2000s the BRIC countries – Brazil, Russia, India, China – were stock market leaders riding a boom in commodities driven by China’s expansion. Since that boom peaked in 2008, the group has been out of favor – flat at best, sliding in the case of Russia and Brazil, the two most sensitive to commodity prices. Recently, the BRIC looks like it just might be back as commodity prices get a lift. Most commodities are half or less their peak prices.