INVESTORS TURN FOCUS TO GLOBAL GROWTH AFTER EM’S ROARING START
https://s.yimg.com/ny/api/res/1.2/JBJy08K8MopGfqy9bTnFPQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03ODg-/https://media.zenfs.com/en/bloomberg_holding_pen_162/dd3ab32cdd21e7ece2ed63f104f7c0d3
✍️ Emerging-market traders are shifting their attention to the global economy and the US dollar after assets from across the developing world posted unexpected gains at the start of Trump's administration.
👉 Emerging markets posted unexpected gains at the start of Trump's administration 👉 Local currency bond returns jumped, stocks beat the S&P 500 Index, and currencies rallied 👉 A weaker US economy could benefit developing-world assets 👉 Investors are favoring local-currency bonds and currencies sensitive to dollar weakness
-- #LuisEstrada #Pierre-YvesBareau #JeffShultz #JoyceChang #GorkyUrquieta #AlejandroCuadrado #KamakshaTrivedi #MalcolmDorson #MattFarah #Newsom #Toronto #London #NewYork #Asia #Chile #Colombia #Mexico #SouthAfrica #India #BrynMawr #LosAngeles #California #Yellowstone #business
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