Goldman vs

Two leading financial institutions, Goldman Sachs and Fidelity International, disagree on the best investment strategy for emerging markets. Goldman Sachs recommends dollar-denominated bonds, predicting the US election and policy changes will boost the dollar and negatively impact developing economies. Conversely, Fidelity International favors local-currency bonds, anticipating the Federal Reserve`s interest rate cuts will weaken the dollar and benefit these assets. This disagreement highlights the uncertainty surrounding the US election and its global economic influence, leaving investors to weigh the potential risks and rewards of each approach.