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While investors and analysts are concerned about high inflation, aggressive monetary tightening, and a possible recession, emerging markets fundamentals are relatively solid.
While shares of many India-based companies have not fared well during the first half of the year, Reliance Industries has seen outperformance thanks to its acquisition and conversion strategy.
While emerging markets are currently facing heavy headwinds, there are many countries in emerging and developing markets that have great potential for long-term investors.