Stock Quote

Emerging Markets Stocks Are “Outstandingly Cheap” and Expected to Rally

While emerging markets have been through a very tough time — down 40% peak-to-trough — the upshot is that EM stocks are “outstandingly cheap,” according to Morgan Stanley’s chief Asia and emerging market equity strategist, Jonathan Garner. Speaking with CNBC’s “Squawk Box Asia,” Garner noted that “we’re at very distressed valuations, very oversold” in the [...] The post Emerging Markets Stocks Are “Outstandingly Cheap” and Expected to Rally appeared first on ETF Trends .
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.