The Trader 

Some economies on firmer footing than others

The Trader

In September this year, Moody’s Investors Service launched its inaugural ‘Global Emerging Markets Chartbook’ covering 101 areas and 1,500 rated entities, underlining the growing enthusiasm for this sector. The timing is of interest, cynics among us linking market peaks with scrutiny from media behemoths. China-related indices peaked in January this year as President Trump’s trade policies were fleshed out, subsequently causing most Asian ones to peak in the first quarter of 2018. Stock market rallies in the Americas have been stalling in stages since late 2017, the exception being US ones which peaked this September and October.

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