emerging-markets-are-decoupling-from-the-us-says-garner

Emerging markets are decoupling from the US, says Garner

Jonathan Garner, managing director and head of global emerging markets equity strategy with Morgan Stanley, argues that emerging markets are increasingly decoupling from the US economy.
The debate over whether emerging markets are decoupling from the US continues to rumble on. With the US economy slowing and probably heading into recession, the debate is of particular interest at this time. Here Jonathan Garner, managing director and head of global emerging markets equity strategy with Morgan Stanley, explains why he thinks that emerging markets will weather this slowdown far better than in previous US slowdowns.

What are your main reasons for arguing that decoupling is under way
The emerging markets are now 30% of the global economy at current exchange rates. They are even larger now than developed Europe and their share of global GDP is steadily rising and will continue to...
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