JPMorgan expects better performance of stock markets in emerging economies in the second half | latest news


JPMorgan said Monday, July 26, that it expects equity markets in emerging economies to do better in the second half of the year as risks surrounding the delay in vaccination campaigns recede, concerns about the economic slowdown in China and a stronger dollar.

The MSCI Emerging Markets Index underperformed by 11% over the developed markets in the first six months of the year.

But US bank analysts expected the situation to be different in the second half.

JPMorgan said he is optimistic about the stock market in Brazil, expecting a strong increase in growth due to rapid progress in Corona vaccinations.

He also predicted a good performance for the stock markets in Taiwan, Indonesia and Thailand.


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