Emerging markets ended 2019 on a high note, but can the momentum continue? Our emerging markets equity team weighs in, highlighting the market news and events it has an eye on.
Three Things We're Thinking About Today
- Optimism surrounding the government's economic agenda has resulted in a more favorable investment climate in Brazil. The Brazilian market outperformed its emerging market ((EM)) counterparts with a 14% gain over the fourth quarter 2019 and 27% increase for the year, both in US dollar terms. While the country's economic recovery has been slower than expected, government and central