Our Emerging Markets Equity team examines the impact of the spread of coronavirus across emerging market economies during the month of February.
Three Things We're Thinking About Today
- The Covid-19 coronavirus led the narrative in February, as a spike in new cases outside of China heightened global uncertainty. While new cases in China, Hong Kong, and Singapore started to taper, the spread of Covid-19 across Europe and the United States saw financial markets in developed markets drop considerably late in the month. Expectations of weaker-than-expected global energy and metals demand growth (especially from China) also