The emerging market consumption theme is clearly on display in India and the EGShares India Consumer ETF (INCO) offers a direct way to take advantage of it, said Nick Smithie, Chief Investment Strategist for Emerging Global Advisors. Smithie added that consumption in India is booming due to declining current account deficits and falling inflation. He also said the EGShares Emerging Markets Consumer ETF (ECON) will benefit from lower oil prices which support domestic demand and consumption for emerging market countries that are net importers of commodities, particularly Asian countries.
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