EM's outlook: what about the Fed? - BBH
|Analysts at Brown Brothers Harriman offered their outlook for the EM's in reocvery post Brexit hysteria.
Key Quotes:
"After the Brexit-related plunge, EM has recovered nicely.
A subdued Fed outlook has allowed EM assets to maintain traction after a rocky start to the year
Whatever the pace and scope of Fed tightening is, we still believe it is very important for investors to continue focusing on the fundamentals and also on hedging out currency risk whenever feasible.
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