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What Next for Emerging Markets?

The fate of emerging markets in 2020 will depend heavily on the wayward personality of US President Donald Trump, the course of the US Federal Reserve's monetary policy, and Chinese growth. Much could go wrong, but it will not be all doom and gloom for these economies.

LONDON – When it comes to the outlook for emerging markets in 2020, the bottom line is maddeningly simple: “It’s complicated.” There are a number of reasons for this.

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