Been saying this for four straight years now and have been wrong every year....but.....sooner or later, Emerging Markets are going to have a big bull market that sticks (unlike the China breakout that then crashed and burned in 2014).
If you look at valuation spreads between USA and Brazil, Russia, China, etc, they are at the widest level in at least 25 years. Sooner or later, something has to give.
If you look at valuation spreads between USA and Brazil, Russia, China, etc, they are at the widest level in at least 25 years. Sooner or later, something has to give.