Global X says double down on emerging markets
CNBC • • general
Key Points:
- Malcolm Dorson, senior portfolio manager at Global X ETFs, suggests that despite risks from the Iran war, weaker dollar trends and domestic uncertainty support investing in emerging markets.
- Dorson anticipates increased U.S. war spending will weaken the dollar over time, creating a favorable environment for emerging markets, though he acknowledges short-term dollar strength may persist.
- The iShares MSCI Emerging Markets ETF (EEM) has declined over 5% this week but remains up nearly 37% over the past year, indicating potential buying opportunities amid current volatility.
- Cinthia Murphy from VettaFi highlights that international investments remain attractive despite geopolitical tensions, with energy markets, particularly European dependence on Middle Eastern oil, being a key
