What Trump 2.0 could mean for emerging markets
A look at why the return of Donald Trump to the White House opens the door to a wide range of shocks for emerging markets, both positive and negative.
As incomes rise and urbanization expands, rates of consumption are rapidly outpacing developed markets, with emerging Asia set to dominate consumption by the 2040s.
Emerging markets dominate global production in tech areas such as semi-conductor manufacturing; while growing cities drive the need for homes, utilities, and transportation.
Uncertain Fed policy and the potential for a consumer recovery in China have helped drive flows into emerging markets. Yet many EM companies still trade well below their long-term averages.
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