UMC - The Case For Emerging Markets And 5 Picks Worth A Look
Emerging market stocks, one of the strongest performing assets classes in 2017, is among the worst performers this year, triggering concern and trepidation in the investment community. But there are redeeming qualities inherent in this group class that could present opportunities for investors.
The recent decline has been triggered by several catalysts:
- A stronger U.S. dollar creates a challenge for emerging market companies with greenback debt.
- Trade tensions between the U.S. and major partners (particularly China).
- Concerns surrounding Turkey, which is under pressure due to high inflation, heavy debt, and disagreement between the country's