According to JPMorgan Asset management, Colombia and Mexico are now members of the so-called fragile five group of emerging markets, edging out Brazil and India, reports Steven Johnson for the Financial Times.
Fitch estimates a 2.6% rise in global economic growth this year, compared to 2.5% last year, as Brazil’s contraction is less dire than 2015 and Russia appears it will stabilize, although China “will continue to decelerate,” a key risk to global growth, along with the U.S.’s interest rates, reports Barron’s.
iShares MSCI Emerging Markets ETF
Tom Lydon’s clients own shares of EEM.