Three Tech-Led Economies In Geopolitical Crosshairs

Today, William examines the prospects of three similarly challenged emerging economies: South Korea, Taiwan, and Israel. All three are high-tech-focused, export-dependent economies riding the AI wave, yet located in geopolitical hot spots. If the war in the Arabian Gulf escalates, they face risks including rising risk premia, falling asset valuations, and capital outflows. But opportunities abound as well. … Also: Toby discusses the valuations and fundamental underpinnings of the three nations’ stock markets. Korea’s looks cheap given an explosive earnings growth outlook, Taiwan’s appears fairly priced, and Israel’s seems overvalued relative to fundamentals.