Emerging market stocks have been in a record stretch of bear market, surpassing their rough patch during the dot-com era thanks to a surging dollar and China’s growth uncertainties.
It has been 594 days since the MSCI Emerging Markets Index closed at its peak in February 2021, according to Bloomberg-compiled data. The previous record was 589 days that ended in September 2001, according to an analysis by Morgan Stanley on peak-to-trough spans.
