Emerging Markets Are Trading at a Record Discount Versus U.S. Equities
April 13, 2020 at 12:45 PM EDT
How low can emerging markets (EM) go? As low as the coronavirus pandemic allows it, as EM equities are trading at a 65% discount versus U.S. equities, according to a MarketWatch report. “While valuations at these levels are compelling from a long-term perspective, concern about the outlook for...