Investors in emerging markets had their heads handed to them in 2018, losing roughly 18% of their value on the year. If that wasn’t bad enough, just days before the World Economic Forum was slated to begin in Davos, Switzerland, the International Monetary Fund released its World Economic Report for 2019 and 2020. And, the forecast wasn’t great.
Emerging Markets To Slow Before Regaining Steam
According to the IMF the bulk of the slowdown is expected in emerging Europe, where they suggest 2019 growth will fall to 0.70%.Read More