What’s in Store for Emerging Markets in 2018
- Latam, EMEA most vulnerable to shocks after stimulus wind-down
- Political risks spread while many national accounts look shaky
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The term “emerging markets” can conjure up the image of a homogeneous asset class that sits nicely on one rung of the risk ladder. Nothing could be further from the truth.
As the tide of U.S. monetary stimulus recedes, it’s becoming clearer who’s swimming naked. On the one end are nations with the promise of rapid growth and increasingly open economies. On the other are political tinderboxes that hold investors hostage to their power-grab dramas.