By Gustavo Medeiros, Ben Underhill
The Emerging View

EM equity and AI: cheap exposure today, broader impact tomorrow

Emerging market tech trades at a steep discount to its US peers, and most of the index is not tech. We score 25 countries on how AI could lift or hurt growth.

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Bangkok's many contrasts

Takeaways from the IMF Annual Meetings: resilience once again, fiscal complacency in developed markets, and two upgrade candidates for every downgrade.

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Noise levels are likely to remain elevated in the run-up to – and possibly in the immediate aftermath of the upcoming US presidential election
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Is DM bond issuance ‘crowding out’ EM?

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Twists and turns in US-China tensions

In the latest in US-China tensions, a US court blocked the proposed closure of WeChat, while Bytedance kept a majority shareholding position and control over its algorithm in TikTok.
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EM assets outperformed despite strong correction in US tech

Equity markets declined on the back of a sharp correction in US technology stocks, but EM assets outperformed. Brazil renewed emergency support for poor families and presented an administrative reform to Congress.
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The Fed turns to inflation

The Fed’s adoption of an average inflation target is important for EM investors; we explain why.