About this work
InfoMoney, citing Reuters, reports that foreign investors pulled the most from emerging market equities in October since early 2020, though bond inflows more than offset it, per IIF data. Jonathan Fortun said investor confidence in China stays low despite targeted easing, and that dollar strength worries heightened risk aversion in equities. He added that yield differentials and rate paths could increasingly favor emerging market debt over stocks as global risk aversion rises.