Societe Generale Says Emerging Markets Can Survive U.S. Downturn
Goldman's Trivedi Says the Party Is Not Over for EM
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Money managers should think twice before letting a bumpy month of losses scare them away from emerging markets.
Developing economies are better suited to withstand a global downturn than in the past, said Bruno Braizinha, a rates and cross-asset strategist at Societe Generale SA. A U.S. recession next year or in early 2020 will probably be shallower than the global financial crisis a decade ago, and emerging market fundamentals are much stronger and supported by Chinese growth, he said in an interview.