What Do Potential Fed Cuts Mean for Emerging Markets?
July 06, 2019 at 08:30 AM EDT
By Gabriela Santos via Iris.xyz. In a recent post entitled “ Why is EM underperforming DM this year?” we argued that this year’s emerging market (EM) equity underperformance relative to developed markets (DM) was due to the usual culprit: U.S. dollar strength, as a result of decelerating global...