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Selloff Puts Emerging Markets on Trial While Bulls Hang Tough This content was published on January 31, 2021 - 20:00 January 31, 2021 - 20:00 (Bloomberg) After a one-month trial of 2021, the shoppers of emerging-market assets can point to any number of reasons for wanting their money back. Yet the balance of evidence suggests they’ll stick with the product for a while. For all the factors that triggered last week’s selloff, the prospect of stronger growth ahead as stimulus kicks in, vaccines are distributed and restrictions lifted continues to underpin confidence. Goldman Sachs Group Inc., Societe Generale SA and Loomis Sayles & Co. were among those talking up emerging markets in the past week, even as the Cboe Volatility Index had its biggest daily jump in about three years on Wednesday.

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