Trade, Trump and Protests: A Guide to the Main EM Risks in 2020
- Emerging markets are powering toward the end of the year
- But pitfalls await investors in 2020, from trade to protests
Demonstrators clash with riot police during a protest in Santiago, Chile on Nov. 14, 2019.
Photographer: Martin Bernetti/AFP via Getty Images
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A jump of almost $3 trillion in stock-market valuation this year, currency volatility at a five-year low and bond spreads at their narrowest level in almost two years.
On the surface, emerging markets are ending 2019 with a spring in their step.