Emerging-market stocks are struggling in an intangible world
Firms need better protection from copycats
Halfway through the year, as commodity prices soared and stockmarkets plunged, it looked as if emerging-market stocks might do something they had managed only once in the past decade: to beat the returns of American ones. Two months on and the hope is gone. A small bounce in rich-world share prices means emerging-market underperformance will probably continue.
This article appeared in the Finance & economics section of the print edition under the headline “So near to a good year”
Finance & economics September 10th 2022
From the September 10th 2022 edition
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No, but it is getting a lot harder to keep the faith