“While acknowledging the expansion will remain below the long-term trend, Goldman Sachs forecasts that developing economies will grow 4.9 percent next year, up from an estimated 4.4 percent in 2015, the first acceleration since 2010,” according to Bloomberg.
Still, some market observers acknowledge emerging markets appear inexpensive because earnings growth is contracting with little sign of rebounding in the near-term.
iShares MSCI Emerging Markets ETF
Tom Lydon’s clients own shares of EEM.