Why Wells Fargo expects the emerging-markets outperformance to reverse

This year, emerging-market equities have outperformed the S&P 500 by a wide margin and investors have debated whether the relative strength can be sustained. A new report by Wells Fargo analyst Austin Pickle expects the trend to reverse.

May 20, 2025 - 15:16
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Why Wells Fargo expects the emerging-markets outperformance to reverse
This year, emerging-market equities have outperformed the S&P 500 by a wide margin and investors have debated whether the relative strength can be sustained. A new report by Wells Fargo analyst Austin Pickle expects the trend to reverse.