Our forecast of the 10 - year real return for U.S. equities is 1 % compared to that of EM equities at 8 %, now valued at less than half the U.S. CAPE. (researchaffiliates.com)
In other words, a decision to invest in EM debt in USD is also an implicit decision to invest in U.S. Treasuries. (blackrockblog.com)
At the end of 2007, the 3 - year return on EM equities was 135 % and overdue for a correction. (archeretf.com)