The reason why Morgan Stanley is optimistic about stocks in developing economies

So far in 2023, emerging markets have performed admirably. Morgan Stanley recently predicted that this would be the case, and they now believe that the current decline in bond yields and volatility will help EM equities and growth companies. According to our forecasts, China, Korea, and Taiwan will be the top-performing North Asia over weights this year, with emerging markets in general outperforming Japan. Faster reopening, more housing suppo....