Bulls will retain the upper hand in emerging markets this year, though some assets may face a bumpier ride than in 2017.
Bonds and equities in developing countries will continue to streak ahead, outpacing their developed-nation peers in 2018, according to a Bloomberg survey of 20 investors, traders and strategists. Currencies, however, may struggle to stay in front. The survey was conducted between 5 and 14 December 2017. And while the Federal Reserve’s actions will remain key in determining the fate of what has been the strongest equity rally for emerging-market stocks since 2009, geopolitical risks will be less of a focus as investors zero in on Donald Trump and the outlook for the world’s second-largest economy: China.
