"With Greece disappearing, at least temporarily, from the headlines, investors have quickly found a new source of anxiety thanks to the recent surge in oil prices," Stephen King, HSBC's chief economist said. "If the trend persists, a fragile economic recovery in the developed world could quickly be derailed and inflation could return to emerging markets." Mr King argued that investors should be overweight in energy shares as "insurance" and foreign exchange investors should buy currencies of oil-producing countries such as Norway, Malaysia, Brazil and Russia. Other analysts agree. "A rapidly increasing oil ... (full story)