Let s take a moment to update you on the relationship between COVID-19 and emerging market stocks. Earlier this year, our publications at Elliott Wave International showed that infectious disease epidemics tend to occur toward the end of bear markets. We cited such examples as SARS, swine flu, and COVID-19, which spread toward the end of major declines in the MSEI Emerging Markets Index.
We then used that knowledge to support a bullish outlook following the March 2020 lows. For example, our
Global Market Perspective and
Asian-Pacific Financial Forecast, monthly Elliott Wave International publications which provides in-depth coverage of 50-plus worldwide financial markets, said that epidemics tend to occur toward the end of bear markets. Asian-Pacific and emerging market stocks should now embark on a bull market amid the COVID-19 pandemic.
from Elliott Wave International
Let s take a moment to update you on the relationship between COVID-19 and emerging market stocks. Earlier this year, our publications at Elliott Wave International showed that infectious disease epidemics tend to occur toward the end of bear markets. We cited such examples as SARS, swine flu, and COVID-19, which spread toward the end of major declines in the MSEI Emerging Markets Index.
We then used that knowledge to support a bullish outlook following the March 2020 lows. For example, our
Global Market Perspective and
Asian-Pacific Financial Forecast, monthly Elliott Wave International publications which provides in-depth coverage of 50-plus worldwide financial markets, said that epidemics tend to occur toward the end of bear markets. Asian-Pacific and emerging market stocks should now embark on a bull market amid the COVID-19 pandemic.