Stars are aligning for emerging markets – UBS
|Emerging markets have continued to lag so far in 2023. But economists at UBS now see a much more favorable backdrop for emerging markets.
Emerging markets well-positioned to be early beneficiaries of the three inflection points
“Emerging markets are closely linked to the fortunes of the Chinese economy, which should rebound as the country opens up.”
“Easing financial conditions and a weaker US Dollar have historically been linked with strong emerging market performance.”
“Valuations are appealing on a relative basis and corporate fundamentals are turning the corner.”
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