EM outperformance continues as DXY collapsed. USD anjlok emerging market semakin meroket. Valuasi saham AS sudah sangat mahal upside terbatas, downside risk meningkat. Show Time” untuk EM Equity.
Emerging Markets masuk “relative bull” katalisnya USD debasement, fiskal AS ekspansif, easing global, dan valuasi EM yang murah.
*EM jadi kandidat pemenang berikutnya