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The resilience of EM relative to developed markets has been a turnaround. But recessions in advanced economies next year could still hurt.
So far, so good, but don’t let the guard down just yet.
Photographer: Capuski/E+/Getty
October 7, 2022, 4:28 AM UTC
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The emerging-market dog is not barking. Amid times of global slowdown and a strong dollar, it’s the part of the world that usually takes it in the neck. Add to that a startling slowdown in China, and that should also be poison for emerging-market assets. They generally act as a leveraged play on the developed world and on China, so in these circumstances they should be performing far worse than the wealthier countries. They aren’t.
After we finished the last episode, Kevin Hoye and I kept our conversation going about each of the titles, and I decided to keep the mic on to capture our conversation in the form of a quick little bonus episode to point out some things to watch out for and some interesting bits about each of the 6 titles. Class of 2023 TOK students… listen up!
Again, thank you random musicians on this track… speaking of which, if you’re a musician and would like to be featured,reach out to me!