SPEM: Why It's Not Just A Weaker-Dollar Story Boosting Emerging Markets
Source: SeekingAlpha
2026-02-17 20:15:59 ET
Throw a dart at the globe, and chances are you’ll land on a hot stock market. The dollar’s drop since the start of the last year notwithstanding, both ex-US developed and emerging markets have been on a heater. The rally has been so intense that global equities, as measured by the All-Country World Index (ACWI), are up 11 consecutive months—the last 10 being record highs. That last occurred in 2017. ...
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SPEM: Why It's Not Just A Weaker-Dollar Story Boosting Emerging Markets
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