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

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JP Morgan said on Monday it expects stock 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 strong US dollar.
The MSCI Emerging Markets Index underperformed by 11 percent over developed markets in the first six months of the year. But US bank analysts expected the situation to be different in the second half.
JP Morgan said he was optimistic about the stock market in Brazil, expecting a strong increase in growth due to rapid progress in COVID-19 vaccinations. He also expected a good performance for the stock markets in Taiwan, Indonesia and Thailand, according to Reuters.





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