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EMERGING MARKETS GAIN FROM US TAX CUTS

By: Legg Mason Global Asset Management
Harvest Exchange
December 21, 2017

EMERGING MARKETS GAIN FROM US TAX CUTS

Despite being battered after US president Donald Trump won the election last year - on speculation that he would build up trade barriers - Emerging Markets (EMs) have come out as winners the week in which Trump locked in his biggest political win: the Senate’s passing of his proposed tax bill boosted US and global growth hopes, something which ultimately favours Emerging Markets. EMs were also buoyed...



Originally Published at: EMERGING MARKETS GAIN FROM US TAX CUTS