Emerging-Frontier Equity Monthly – June: US recession fear, China reopening hope
US recession fears increase as Fed seeks to re-establish inflation credibility; drags down most equities and commodities
China activity picks up as lockdowns lift (albeit zero-Covid policy will remain for years) and tech regulation eases
EM views: China over India (stimulus), Vietnam (manufacturing), Copper (Chile) over Oil (Saudi), Tourism (eg Thailand)

Strategy & Head of Equity Research @ Tellimer Research
