Persistent inflation, fiscally responsible resource company management and anticipated company capital returns continue to provide investment opportunities in the resource equity sector.
EM rate hikes paved the way for disinflation and provided fundamental support for EM bonds. But how bad is collateral damage in the form of weaker growth?
Various EM central banks keep their eyes firmly on inflation, expectations, and factors that influence them (including fiscal). DM central banks’ motivations are still being questioned by the market.