Emerging Markets Haven’t Seen a Bull Run in a Decade. Why There’s Hope for 2023.

Like Brooklyn Dodgers fans of old, emerging markets investors are used to waiting till next year.

The asset class had its last sustained bull run a decade ago. the

iShares MSCI Emerging Markets

exchange-traded fund (ticker: EEM) has lost a quarter of its value since January 2021, while the

S&P 500

index has gained 4%.