News Snapshot:
Emerging markets have significantly underperformed compared to other sectors over the last few years. The MSCI Emerging Markets Index fell by 2% in 2021, 24% lower than the developed markets MSCI World Index return. With market volatility showing little sign of abating, is it time for investors to cut their losses on emerging markets investments? Well, Larry Light from Fortune.com believes that “Emerging markets are poised to have a breakout year, and compared to US equities these stocks are shockingly cheap.” He states that “Red ink is washing over emerging markets, which haven’t been doing a lot of emerging lately”...
