“We expect average emerging market growth in 2019 to be the lowest in the last decade since the global financial crisis.” This is immediately apparent in the report issued on October 17, 2019 by Standard and Poor’s. Emerging markets are at their worst since the 2009 financial crisis.
S & P Global Ratings predicts that emerging markets growth in 2019 will be the lowest in the last decade since the global financial crisis and that the recovery activity expected for 2020 is not spectacular, subject to the prevailing downside risks.
Current trade tensions between the United States and China and geopolitical – and in some cases – national and national uncertainty weigh on the confidence of investors and businesses. In such a scenario, companies are not willing to increase their capital expenditure (capex) despite low interest rates. read the report: Emerging Markets Risk Monitor: Growth Weakens, Uncertainty Intensifies.
