Will Short-Term Rally Translate to Long-Term EM Gains?
April 20, 2020 at 06:45 AM EDT
Emerging markets (EM) got a short-term boost last Thursday en route to a weekly gain on hopes that lesser coronavirus cases and a weakening dollar would spur more investors to take on risk assets like EM. However, is this rally just a flash in the pan or are long-term gains ahead?