WS #17051
Holding: newest synthesis is 1d 17h old
Goldman Sachs has highlighted a wave of earnings per share downgrades across Emerging Markets, likely driven by the stronger US dollar and geopolitical risks associated with the Middle East escalation. This trend poses a direct headwind for EM-focused ETFs and multinationals with significant EM exposure.
Emerging Markets Pressure
Goldman Sachs has highlighted a wave of earnings per share downgrades across Emerging Markets, likely driven by the stronger US dollar and geopolitical risks associated with the Middle East escalation. This trend poses a direct headwind for EM-focused ETFs and multinationals with significant EM exposure.