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International Business Times

Business

Panos Mourdoukoutas Ph.D.

Emerging Market Stocks Could Make A Big Comeback In 2024

Emerging Markets United States Ian Wright Interest Rates Bonds

Emerging market equities could rally in 2024 if Wall Street's new narrative of lower U.S. interest rates comes true.

There have been the best, the worst and the mediocre times for emerging market equities. This year was modest, with the iShares Emerging Markets Index (EEM) gaining 4.3% YTD compared to 18.7% of the S&P 500.

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