Investing in emerging markets should be viewed on a country-by-country basis as each economy and debt structure is very different, Evan Welch, Portfolio Manager of Antaeus Wealth Advisors, tells TheStreet’s Jill Malandrino. Welch explains India benefits from lower oil prices as it is an importer, but he is concerned about the infrastructure issues the country faces. Russia, on the other hand, is a market Welch would stay away from despite the fact assets are priced to fail. Welch does not see value there because Russia is so dependent on oil prices and the economy could fall by 4% in 2015.
Subscribe to TheStreetTV on YouTube:
For more content from TheStreet visit:
Check out all our videos:
Follow TheStreet on Twitter:
Like TheStreet on Facebook:
Follow TheStreet on LinkedIn:
Follow TheStreet on Google+:
source