Argentina is the Tracker's most-improved country thanks to astonishing economic policy results
Asset class maturity is evident in EM amid the post-pandemic inflationary shock
Tariffs, deglobalization set to shift growth from EMs to the U.S.
Double-whammy of higher U.S. yields and stronger dollar, with peak deglobalization still to come
With global public debt at $100 trillion, many countries need more IMF-World Bank help.
High economic-political uncertainty paired with low volatility amplifies market risks
Rampant inflation is most prevalent in lower-middle income countries, except for Argentina and Turkey
The Fed's data-dependence is clouding EM's mostly-benign cutting cycle outlook
The recent escalation presents downside market risks, albeit these are limited.
Markets cautious on newly-elected President Dissanayake, renegotiations
Small island states and large emerging markets have the biggest budget deficits in 2024
EM convergence to rich-world wealth levels is concentrated in Europe and Asia
