| 09.04.2020 The Big Picture: Thornburg optimistic about emerging markets |
| B. G., Opalesque Geneva: There is a looming credit crisis in emerging markets as tumbling currencies and plunging commodity prices have hit countries burdened by high debts, especially in Africa and Latin America, the FT reported. Furthermore, the MSCI Emerging Markets Index was down -15% in March, -23% YTD. It may eventually match 2008's -53% level. The COVID-19 shock has also caused |
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