Growth expectations for emerging market countries are becoming more modest


”Emerging markets’ recent underperformance has a lot to do with the fact that the countries’ growth rates have generally slowed more than investors expected. In other words, it’s not the absolute level of growth that has been the problem; it’s the level relative to expectations. Looking forward, more modest growth expectations should make it easier for emerging market growth to surprise to the upside.”

Click here for the next reason