Goldman Backs Emerging Market Equities, Blames Sell-off on Carry Trade

Emerging Market equities are finally getting some love after a big sell-off since Donald Trump won the presidential race.

Goldman Sachs says the spillover of reflation – set in motion on expectations of higher inflation and growth under a Trump presidency, besides a stronger dollar – has been harsh on emerging markets, with the carry trade partially to blame.

“In short, we have argued that the initial underperformance of EM assets is more related to the unwinding of carry trades rather than a true . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Opt out of occasional 3rd party offers

Congrats! Are you a smart person? We have a limited time offer for sophisticated and loyal readers like yourself.

Sign up today and get three months free

Use coupon code VIP19 or click on the button below

Limited time offer only expires 8/31/2019 or next 30 now just 2 subscribers whichever comes first – please do not share this discount with others