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Citigroup economist Willem Buiter says the water market will soon become hotter than oil,...
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Thursday, July 21, 2011, 11:28 AM ETCitigroup economist Willem Buiter says the water market will soon become hotter than oil, arguing that the concentration of the world’s population and increasing standards of living will drive up demand. He recommends investors play the urbanization trend by buying into water companies such as DHR, ITT, NLC, PNR and ROP. Or maybe just buy one of the water ETFs CGW, FIW, PIO, and PHO.
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