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BlackRock: Emerging Market Assets, Especially Stocks, Set To Rise In Fourth Quarter
What do they mean by “hard currency “. Is that US dollar denominated? Yes, USD. I suspect sterling and euro, too. I might get corrected about the euro-bonds.
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Jurrien Timmer has been posting an interesting chart on Twitter that concerns EM:
https://twitter.com/timmerfidelity/status/1045381216080474120?s=21
What do they mean by “hard currency “. Is that US dollar denominated?
Yes, USD. I suspect sterling and euro, too. I might get corrected about the euro-bonds.