Emerging market equities have taken a strong beating this year with countries like Turkey, China, etc. falling by double digit percentage points. The benchmark MSCI Emerging Markets Index has fallen sharply so far this year.
Even with the selloff, fears of a meltdown in these markets are still in investors’ minds. However not all markets are equal and some countries such as Taiwan, Thailand, etc. have stronger economic profiles than others like India, Poland, Argentina, Turkey, etc. according to a note published by Alliance Bernstein.
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Source: Emerging Markets: It’s Not All About Turkey, Alliance Bernstein Blog
