Thank you for your consultation. It is true, lower interest rates in the US have a good impact on emerging markets. The problem is that the next North American election could be won by Donald Trump, and that would not be very good for those markets.
If he keeps his promise, he will impose very harsh tariffs on companies that make sales in the United States, but do not produce in the United States. “Whoever doesn't want tariffs should produce here,” was the message.
On the other hand, emerging markets have no influence on technology, except in special cases. So, for now, while waiting to see what will happen with the elections in North America, we do not recommend investing in developing country stocks, because there are other options that can be done. In fact, they are more profitable, have less risk and have an influence in technology, something that should not be overlooked today at the beginning of a new technological revolution, such as the application of generative artificial intelligence in productive structures.