Emerging-Market Watchers Say Another Sell-Off Is Approaching

(Bloomberg) — Emerging markets are likely to see another sell-off later this year, puncturing their recovery from the coronavirus pandemic and adding to losses that have already totaled $3 trillion, a survey has found.The next selling frenzy in stocks may break out as soon as this quarter or as late as 2021, according to the survey of 61 investors, strategists and traders conducted last month. Latin America is expected to be the worst-performing region for currencies, bonds and equities in the second half. While expecting another round of selling, most respondents still expect an eventual recovery, with a majority seeing …read more

Source:: Yahoo Finance

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