FYI: With a 5.98% return in June, emerging markets (EM) eked out a 0.29% gain relative to developed markets (DM) after underperforming by 3.07% throughout April and May when economic data was weakening, but major central banks had yet to formally pivot to their current dovish stance.
Coming out of the recent G-20 meeting with no new tariffs and a commitment to kick start China-U.S. trade talks (as well as the support of central banks), investors may want to consider an overweight to emerging markets relative to developed markets.
Regards,
Ted
https://www.fa-mag.com/news/are-emerging-markets-emerging-45826.html?print
