A few analysts who nailed 2018's markets are calling their shots for 2019.
"Markets are pricing in bad stuff," the economist said.
Months of underperformance relative to U.S. peers won’t last much longer, the firm's analysts said.
Stocks in developing nations will return an average of 7 percent annually during the next decade.
The biggest ETF tracking Chinese equities tumbled Wednesday after JPMorgan forecasted a "full-blown trade war" with China.
Rising oil prices and a strong dollar could undercut emerging economies, he warned.
The hedge fund manager’s optimism comes as a growing cadre of investors run for the exits.
Analysts are taking note of anxiety regarding potential missed debt payments from developing countries.
JPMorgan and BlackRock are sounding the alarm as emerging market stocks continue to plummet.
Donald Trump's political troubles could cause him to push for higher tariffs, strategists said.