54 Days
Source:
الاقتصادية
Source: الاقتصادية
54 Daysالاقتصادية
Source: الاقتصادية
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BlackRock has decided to upgrade its recommendation for emerging market equities to the "overweight" category, believing that the rising demand for limited resources driven by the AI boom, coupled with strong earnings, will support the performance of these markets. This recommendation is based on the view that South Korea and Taiwan are key hubs for semiconductor and memory chip supply chains, while Latin American markets offer opportunities for investment in essential commodities and infrastructure necessary for AI expansion. BlackRock expects increasing technology investments to boost the value of limited resources and support corporate profits, with the MSCI emerging markets index projected to grow earnings by over 34% in the coming year, compared to around 20% for the U.S. index. Additionally, stocks are trading at discounts of up to 50% compared to U.S. equities. The decision to revert to "overweight" follows improvements in credit conditions and reduced leverage in South Korea, amid expectations that emerging markets will be able to overcome risks related to rising borrowing costs and geopolitical tensions, supported by a weak dollar and improved capital inflows.
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