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EM rally will continue for at lest two more years

EM rally is continuing

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Rally of the emerging markets stocks will endure for two more years as declining debt levels in developing economies leads to sustainable economic growth, according to Terra Nova Capital Advisors Ltd. “I don’t think we have seen the end of the EM rally. We could see a couple of more years of nice performance. Perhaps the thing that will end it is a global correction in all equity prices.’ The MSCI Emerging Markets Index has climbed 29 percent this year, hitting its highest level since 2011.

Source: Bloomberg Pro Terminal

Trader Bozhidar Arabadzhiev


 Varchev Traders

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