An EM Crisis Is Not ‘Coming’ – It’s Already Here, One Bank Says

An EM Crisis Is Not ‘Coming’ – It’s Already Here, One Bank Says

There's a solid case to be made that thanks to a variety of mitigating factors, many emerging markets may be in a better position biologically speaking to weather the COVID-19 storm than advanced economies. JPMorgan's Marko Kolanovic outlined some of those factors in a sweeping analysis on Thursday. As ever, his take is trenchant and to the extent it's borne out, it will be welcome news for the world. One reason it's crucial to assess how vulnerable populations in emerging markets are to coron
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