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Coronavirus is Turning Out to be the Great (Valuation) Leveller for Markets

The global economy may be going into meltdown mode as governments the world over struggle to contain the spread of COVID-19, with investors feeling the brunt of a global selloff that seems to have left no asset class – including emerging market debt – unscathed as economies grind to a halt. While it is still too early to fully understand the potential human, economic, and market fallout, many emerging economies are actually ahead of the curve.

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