Debt Deal Done, Are Emerging Markets Set to Soar?

With the removal of a major market overhang following a deal to avoid a U.S. debt default, investors have begun to wonder: are emerging markets set to soar?  "We expect the news to sustain the re-pricing of risk assets that got underway in September," Tim Condon, head of research for Asia at ING, said. "We now think emerging market equity will outperform developed market equity in the current quarter."

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