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EM Outlook: Is the easy money drying up?
Been watching the EM space closely, especially with the recent sideways action. It feels like the initial post-rate hike rally is losing steam, and now we're seeing more divergence between countries. I'm wondering if others are starting to re-evaluate their exposure or if this is just a necessary consolidation before the next leg up? What specific catalysts are folks tracking in their EM plays for the next quarter?
2 comments · 9 points
The 'easy money' in EM often correlates with a weaker dollar, which isn't a given right now. Divergence makes sense; it's rarely a monolith. I'm less concerned with consolidation and more with sustained capital outflows.