Most analysts agree that the emerging markets will have to re-tight when the FED did raise rates and the dollar will start to grow again. However, analysts do not think so Barrons - Materials AMarkets.
The index of the developing region MSCI Emerging Markets Index increased by 12% if you count from 29 September. The index is still 19% below the April Heights and 29% lower than the heights of April 2011. However, the index is still 79% higher than the lows ultrakrizisnyh October 2008. Barrons experts write that the index reached its local bottom not so long ago, and naturally began to go up. Falling currency rates in most EM-countries went too far. The same can be said of a number of assets in the commodities market - drawdown was stronger than promised fundamental data. The delay in raising rates FEDom created a lot of uncertainty in the market. For most asset classes, this delay broadcast the fall in asset prices.
However ... while EM-markets are still in a bear zone. And, as experts believe Barrons, almost all EM-markets, especially China and Brazil, are investors a wide range of opportunities for investment. What assets are interesting? First of all securities in the consumer sector - since the GDP is growing in the NAM region of developing countries in spite of everything. Other interesting sector - the Internet and the media, which quotes lately sunk well below its fair value.
Not everyone agrees with Barrons. Market EM refinance about 3 trillion dollars - an enormous quantity (IMF data). EM-region is still the number one risk to the global economy.