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We've reached the end of our Emerging Markets series that spotlighted 5 charts built from Macrobond's 50 million+ EM time series database. In our final chart, Meghna Shah, economist at Macrobond, looked at the short term forward EPS growth rate at the beginning of the last three years across geographies, and how they looked attractive in 2024. The earnings expectations at the start of the year reflect the underlying macro dynamics outlook and equities relative attractiveness getting priced in. January 2024 marked a steep jump in the ST Fwd EPS growth rate for Emerging markets (17.7%), much higher than DM equities (9.7%) and global equities (10.8%). This was led by EM Growth stocks at 28.9%, much higher than their 15 year mean at 19.3%. Geographically, Asian equities and Latin American equities looked more attractive than Europe EM equities. #emergingmarkets #equities #EPS 𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐭𝐡𝐞 𝐝𝐞𝐩𝐭𝐡 𝐨𝐟 𝐌𝐚𝐜𝐫𝐨𝐛𝐨𝐧𝐝'𝐬 𝐄𝐦𝐞𝐫𝐠𝐢𝐧𝐠 𝐌𝐚𝐫𝐤𝐞𝐭𝐬 𝐜𝐨𝐯𝐞𝐫𝐚𝐠𝐞. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐨𝐮𝐫 𝐟𝐚𝐜𝐭𝐬𝐡𝐞𝐞𝐭 𝐧𝐨𝐰: https://lnkd.in/e8qSdhih

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