Deutsche Bank is out with its latest economic outlook presentation, titled “Fragile Equilibrium,” and in it the firm has one map that sums up all the problems facing emerging market investors. DB highlights the diverging growth trajectories among some of the largest emerging market economies including Russia, Brazil, India, Turkey, and South Africa. Each of these have their problems, but Brazil and Russia in particular are struggling, with growth in both nations falling below 1%. Post-World Cup, Brazil is on the verge of a recession, and Russia is dealing with huge international sanctions after its incursions into Eastern Ukraine. …read more
Source: Business Insider