Politics, protectionism and persistent structural problems cloud rosy outlook. The commodities supercycle is a distant memory and EMs have found no new growth engine to take its place. US interest rates are rising as quantitative easing gives way to quantitative tightening. The Trump administration is preparing a multi-pronged assault on the international trading system in which the biggest losers would be EM exporters. All of which leaves the rise of EMs looking distinctly cyclical rather than structural. The only question is how long it will last. READ MORE
Similar Posts:
- Emerging Market Debt Outlook 2018: A Global Rebalancing is Due (Vontobel)
- With China on ‘Extended’ Path to Reopening, Emerging Market Equities Will Outperform Peers in Developed Economies, Record Double-digit Growth, Allspring Analyst Says (SCMP)
- Latin America Faces a Third Shock as Global Financial Conditions Tighten (IMF)
- Asia & China Equities – Outlook in 3-D: Domestic, Digitalisation, Diversification (BNP Paribas)
- Chile Has Outperformed Other Emerging Markets and the S&P 500 This Year. Here’s How (CNBC)
- Emerging Market Exchange Rates: Cheap or Value Traps? (Capital Group)
- EM Fund Stock Picks & Country Commentaries (August 4, 2024)
- AFC Asia Frontier Fund – Review 2022 and Outlook 2023 (AFC Asia Frontier Fund)
- Emerging Markets Interesting for Income Right Now (FT Advisor)
- India’s Post-Election Outlook: A Fine Balance (PIMCO)
- Five-Year Capital Market Outlook: Asia (Willis Towers Watson)
- From Hong Kong to Malaysia, Property Markets Set to Decline: IMF (Nikkei Asia)
- 2018 Global Outlook (JPMorgan Research)
- As Emerging Market Growth Slows, Moody’s Thinks Advance Economies Will Drive Global Growth
- Capital Economics: History Says Rally in Emerging Market Stocks is no Dead Cat Bounce (FE Trustnet)
