Is it time to invest in emerging markets?
Goldman Sachs Exchanges
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EM Corporate Earnings Growth for Year of 2023
EM earnings might see low to mid-single-digit decline for the year of 2023. Earnings decline is going to be driven much more by sectors such as commodity, energy and other global cyclical type of sectors. Consumer staples, consumer discretionary, financials, health care are some of the sectors which are going to witness very strong double-digit corporate earnings growth in 23.
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