Emerging markets’ stock markets are enjoying bull runs. Melissa says there are strong enough earnings support and low enough valuations to suggest opportunities for investors mindful of the risks. … Also: William reports that US tariffs will be tough for Brazil’s beleaguered economy to bear. With high interest rates, high inflation, and a President courting voters with fiscal stimulus instead of economic reform, the picture isn’t pretty. … And: Joe is impressed by the S&P 500 companies’ record-breaking Q3 earnings reports.
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