Emerging Markets Need Cathartic Crisis to Weed Out Bad Stocks

Updated on
  • High debt levels offset cheap valuations, J O Hambro says
  • Leaders reluctant to bring reforms that will shock economies

What Are the Key Emerging Markets Risks?

Add J O Hambro Capital Management Ltd.’s Samir Mehta to the bear camp in the debate over whether its time to buy emerging-market stocks.

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