The Fun Is Just Starting for Emerging-Market Stocks
- After two-year rally, stocks remain relatively cheap
- Earnings in line with estimates keep outlook positive
Lula's Fate, Nafta in Focus for Emerging Market Investors
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The key risk for investors in emerging-market stocks is not getting caught in a slump, but exiting the rally too early.
As equities cap the second anniversary of a surge that began after the first U.S. rate hike in a decade, money managers are asking how far the gains could go. At least some losses are likely in the near term, but the big question is, will that be a temporary correction, or the end of a rally that was never supposed to happen in the first place?