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Emerging Markets Stocks and Currencies Are Forecast to Rally - Goldman Sachs
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Emerging Markets Stocks and Currencies Are Forecast to Rally Goldman Sachs
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Bright Spots in Emerging Markets
The desk views emerging market assets as displaying resilience in the first half of 2016, buoyed by a favorable external environment and key local factors. Per the full note from Goldman Sachs, strategist Kamakshya Trivedi points to influential dynamics such as China's recovery and Brazil's ongoing reforms. Emerging markets have outperformed expectations, showing a robust response to global monetary easing and stabilizing commodity prices. The desk expects this trend to continue, pending alignment with macroeconomic conditions.
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