What emerging markets must prioritize in 2025: Strategist
William Blair global strategist Olga Bitel joins Market Domination Overtime hosts Julie Hyman and Josh Lipton to discuss how President-elect Donald Trump's return to the White House could impact emerging markets in the coming year. Bitel emphasizes that fiscal policy will be central for emerging market economies. However, she identifies two crucial factors for these markets to consider: firstly, the directional movement of their respective currencies against the US dollar (DX-Y.NYB). She notes that emerging markets typically struggle in an appreciating dollar environment but tend to outperform when the dollar depreciates. Secondly, she points to global growth, cautioning that "macroeconomic policy, particularly the volatility and the uncertainty that the incoming administration seems to want to embrace ... may be detrimental to growth." "One of the things that is really under-appreciated, in our view, about emerging markets is that this asset class, and these countries specifically, have come a long way, to the extent that many today control their economic destiny to a much greater extent than they have ever done before," Bitel explains, adding that "China is a prime example of that." To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Angel Smith
