Bull Run in Emerging Markets Starts to Make Bears Excited

3/30/2017

Ed. Note: This article first appeared in Bloomberg The first quarter is ending, and the tally is in: emerging markets are winning hands down. Developing-market equities have handed investors a 12.4 percent return this year, twice that of developed stocks, for their best start to a year since 2012. A gauge of local-currency emerging-nation bonds