Kenneth Fisher thinks that a strong internal demand for materials and commodities in emerging market countries is part of what will continue to drive materials stocks higher. Fisher also tells Bloomberg that areas that do okay in the first part of bear markets but badly on the back half of bears — like materials in the recent bear — tend to lead in the first part of the next bull market.

[youtube=http://www.youtube.com/watch?v=8FXbE9921Hk]