Investors should switch from European equities to emerging markets: Citigroup – Business Standard

Investors should switch from European equities to emerging markets: Citigroup – Business Standard

Investors are expected to switch from European equities to their emerging market (EM) counterparts, thanks to a divergence in the economic trends underlying the two asset classes, according to Citigroup. The firm’s measure of economic surprises indicates a disappointment in the trend in Europe, while remaining robust in emerging markets, strategists including Jeremy Hale wrote […]

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