Many large emerging markets display a high sensitivity to global risk appetite, and the asset class is often thought of as a barometer of investor sentiment. This can overlook the substantial exposure of some emerging markets to the strength of the global economy, and the visibility into aggregate demand that these markets can provide. In recent economic data prints from these countries we think there are some very concerning signs.
Disclaimer
The views expressed are those of the portfolio managers as of August 2022 are subject to change, and may differ from the views of other portfolio managers or the firm as a whole. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice.
James Syme weighs in on what it will take for the Chinese economy to reverse a slowdown.
Inflation is not all bad news in emerging markets
Floating exchange rates are likely to limit the impact of rising US rates on emerging markets
For a better experience, we recommend viewing this website in landscape orientation.
