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Mexico Emerges as Most Alluring Emerging Market, India Worst

  • Mexico bolstered by high bond yields, attractive P/E ratios
  • Analysis covers GDP growth, valuations, ratings, volatility
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Emerging Market Stocks Extend Winning Streak

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Mexico is the most attractive emerging market for investors, based on a range of metrics analyzed by Bloomberg including growth, yields and equity valuations. India is the worst.

Mexico saw its currency slide and bond yields surge as President Donald Trump was elected in November after lambasting the country for stealing U.S. jobs. Even after an initial sell-off subsided, 10-year bond yield is still more than a percentage point above where it was before the election. The peso’s real-effective exchange rate is close to a 21-year low, boosting the earnings outlook for exporters.