Emerging market sell-off is only going to get worse, says survey

The allure of riskier assets is starting to fade amid escalating US-China trade frictions and the Fed's continuing quantitative tightening

With the Federal Reserve still boosting interest rates and President Donald Trump still raising tariff threats, the bottom for emerging markets remains some way away, market players say.

The selloffs in developing-nation currencies and stocks are likely to continue in the second half of 2018, a survey of 20 investors, traders and strategists by Bloomberg shows. It’s not all doom and gloom, though — bonds may fare better for their relative safety, and some particular markets might see gains, according to the June 26-July 4 poll.

The allure of riskier assets is starting to fade amid escalating US-China trade frictions and the