You are here

Emerging markets aren't rattled by Trump or Fed hikes

Job seekers standing in line outside the Municipal of Education and Culture to apply for work in Rio de Janeiro. As Brazil and Russia emerge from recessions, developing economies are poised to grow more than twice as fast as advanced nations this year.


THE unpredictable novice in the White House is making emerging markets seem less dangerous by comparison, say strategists such as Goldman Sachs Group Inc's Kamakshya Trivedi.

And that's giving him the confidence to recommend buying local-currency assets in countries such as...

Market voices on: