31.07.2017
Erste AM expects emerging economies to continue growing
- Emerging economies: GDP growth per capita of 32% expected for 2017-2022
- Positive for the capital markets: fall in inflation
- China: soft landing
- Increased resilience due to flexible currencies
- Limited risk as a result of the rate hike cycle in the USA
- Corporate bonds benefit from ongoing deleveraging and higher spreads than are paid for comparable companies from the developed economies
- Emerging economies: GDP growth per capita of 32% expected for 2017-2022
- Positive for the capital markets: fall in inflation
- China: soft landing
- Increased resilience due to flexible currencies
- Limited risk as a result of the rate hike cycle in the USA
- Corporate bonds benefit from ongoing deleveraging and higher spreads than are paid for comparable companies from the developed economies