The recent dovish turn in Federal Reserve (Fed) policy as the central bank waits for a rise in inflation has led to a significant rally in U.S. stocks. This change in policy will benefit emerging markets in the long-term as well, as a weaker dollar helps lift their economies.
Emerging market assets have the potential to outperform over the next few months as a trade deal with China would only add to their positive momentum. I anticipate stocks will continue to perform well and test new highs prior to the summer.
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