The document discusses the outlook for Global Emerging Markets (GEM) in 2014, highlighting concerns about China's economic influence, unresolved structural issues, and polarised valuations. It predicts negative returns for GEM and suggests maintaining a long Developed Markets (DM) position, despite diminished fundamental attractions of the US.
doj/DataSet10/EFTA01451025.pdf
{"title":"GEM Equity Strategy Outlook 2014","document_date":"December 2013","document_type":"other","key_locations":["China","US"],"key_organizations":["Deutsche Bank AG"],"reference_numbers":["DB-SDNY-0107140","SDNY_GM_00253324","EFTA01451025"]}