33 days ago • Posted by William Ramstein

Morgan Stanley suggests EM Index has peaked

Morgan Stanley’s bearish warning comes after the MSCI Emerging Markets Index rose as much as 10% in January to a record. The runup came amid optimism that vaccine roll-outs and further U.S. stimulus coupled with a dovish Federal Reserve would create perfect conditions for developing-nation stocks to outperform in 2021. Source: Bloomberg

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