MSCI Emerging Markets Index up ~14% YTD 2026, outpacing S&P 500’s 5.6% gain, hitting all‑time high.
AI‑related hardware demand lifts South Korea’s Kospi 57% and Taiwan’s Taiex 34% in 2026, with Samsung up 84% YTD.
Brazil’s Bovespa gains 16% YTD as oil‑export capacity expands to 4.76 m bpd by 2030, boosting materials and financial dividends.
MSCI EM ETF trades at ~18.4× earnings versus S&P 500’s 28.9×, underscoring cheaper valuations attracting investors.