Skip to main content

Making sense of the industrial metals/LatAm equities divergence

The unusual divergence between the GSCI Industrial Metals and MSCI EM Latin America Index recently reflects a couple of developments which we suspect are one-offs. We think that the typical relationship between the two asset classes will reassert itself, albeit with lower metals prices coinciding with MSCI’s index for Latin America falling short of its other regional indices.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to gain:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access