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Fasdal: Fed hike could help emerging markets and here's why
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A weaker China, struggling commodities and a stronger dollar are all said to be hitting emerging markets. So if the Federal Reserve hikes rates next week, will it hurt or help them? Saxo's Simon Fasdal says it could help remove some of the uncertainty and he explains why.
This week, Brazil was downgraded to junk status by the credit rating agency Standard & Poor. Fasdal looks at this South American country and also explains why he still thinks there are opportunities to be had in several emerging markets. He focuses on Mexico, Indonesia and India in particular. But he also discusses the importance of timing.