Information Technology in Emerging Markets looks as the most straightforward current equity opportunity. EPS growth is strong according to Gina Martin’s data ( Bloomberg) and there are many companies with still reasonable valuations
US bellwethers are expected to post earnings growth exceeding 17% year over year -- as the rest of the developed markets may contract and emerging markets deliver just 6% growth. Bloomberg Intelligence's global bellwether index contains 128 of the globe's largest equities that make up at least half of each regional sector's market cap and have a value of at least $35 billion. US bellwethers are thus far leading the world's 1Q earnings growth in every sector except financials and tech, where emerging markets lead, based on reported or consensus estimate earnings. See more at BI STOXG <Go> on your Bloomberg Bloomberg Intelligence Gillian Wolff, CFA YoY Q1 EPS Growth below: