Despite a correction, emerging markets are the correct place to be
There is more reason to be optimistic about emerging economies than developed economies.
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MIDWAY through last year, we predicted global markets would experience both volatility and a correction. We saw a subsequent correction in emerging markets - in Asia, specifically - and volatility across all markets.
It was surprising how many people underestimated the degree of the correction these markets would undergo at the time, and equally how many are nervous about their future now.
For us - looking globally - there is more reason to be optimistic about emerging economies than developed economies as we start 2019.
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