KBUY - EM Country And Company Growth Stories
2024-02-04 08:20:00 ET
Summary
- Fourth quarter was a good quarter for the fund and the asset class.
- Most major emerging markets are demonstrating decent fiscal and monetary discipline.
- China is still struggling with the dual issues of deflation and a huge property market dragging on the economy.
- Investors have to be imputing heroic compound earnings growth for many Indian companies whilst making the most bearish assumptions for their Chinese counterparts.
- If we do see the dollar continue on a weakening trend and we see rate cuts in the US, that obviously is supportive for emerging markets.
Transcript
David Semple: Hello, and welcome to the first quarterly video of 2024 for the VanEck’s Emerging Market Strategy....
EM Country And Company Growth Stories