2019 Review
Trade tensions between China and the U.S. and geopolitical uncertainties in the Middle East continued to consume most of the headlines in 2019 which hurt investor sentiment, while worries not only about slower global economic growth but also the economic slowdowns in larger emerging markets, like China and India, dampened investor sentiment towards emerging and frontier markets in general.
The trade conflict between China and the U.S. continued with both ups and downs with market participants expecting a partial trade agreement on multiple occasions only to be disappointed with no agreements and at