EM decoupling is strengthening international relations and trade

Emerging markets are still displaying a low correlation with developed markets. Indeed, emerging mar...

Emerging markets are still displaying a low correlation with developed markets. Indeed, emerging market business cycles are increasingly decoupling from those of US and developed markets, yet we do not believe a complete separation is possible. The US continues to be the world's largest and most influential economy, but its influence has gradually diminished as other economies, especially emerging markets, grow faster and increasingly trade with one another. In addition, the relationships between nations are strengthening as world trade and travel expand. However, correlation with equity ...