n a gloomy year for global stocks, emerging markets (EMs) have offered investors little relief. With inflation roaring and the geopolitical order in flux, investors have preferred the safety of US dollar-denominated assets to risky bets in exotic places. As of 16 December, the MSCI Emerging Markets index has lost 22% since the start of the year, compared with a 19.5% decline in the equivalent index
Emerging markets poised for recovery
Dec 23, 2022
2 minutes
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