Bloomberg: emerging markets await "Goldilocks stage"

Bloomberg: emerging markets await "Goldilocks stage"

Investing.com — Investors who bet on emerging markets can make money in 2021 due to the establishment in the economy «Goldilocks stage». Bloomberg reports.

During «Goldilocks stage» the economy is developing at a rate sufficient to prevent a recession, but not too high to strongly accelerate inflation. Main features «Goldilocks economy» — low unemployment, rising asset prices, low interest rates, robust GDP growth and low consumer price inflation.

As Bloomberg explains, the assets of developing countries are now in «perfect condition», so they are pushed up by several factors at once. This is the policy of central banks, and positive forecasts about the timing of vaccinations, as well as the choice of a new US president..

Deutsche Bank analysts assure that in this state of affairs emerging markets have «high cyclic recovery potential». Goldman Sachs and JPMorgan are also betting on the growth of these markets. They predict that in the near future the MSCI currency index will reach a maximum since January 2019.

The text was prepared by Yana Shebalina

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