Pundits Predicting Panic In Emerging Markets

2018-6-30 11:23

Key Points With EM stock prices plummeting and investors fleeing EM funds, the fear of emerging markets is palpable. Our examination of three key metrics—external debt, foreign exchange reserves, and current account balance—shows, however, that EM countries have low risk of a broad funding crisis.

EM stocks are comparatively cheap when measured by CAPE, price-to-book […].

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