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Trump election created a Black Friday spree for this EM manager

Massive emerging market stock sell-offs have effectively led to a Black Friday-style shopping spree opportunity for the patient investor, a fund manager from a USD 260 billion investment house argues. Even a presidential election has the potential to put famous brands in the discount rack.
In this Nov. 9, 2016 photo, a guard stands inside a bank behind the day's exchange rate with the U.S dollar in Mexico City, after the peso plunged, triggered by the election of President-elect Donald Trump. | Photo: (AP Photo/Marco Ugarte, File)
In this Nov. 9, 2016 photo, a guard stands inside a bank behind the day's exchange rate with the U.S dollar in Mexico City, after the peso plunged, triggered by the election of President-elect Donald Trump. | Photo: (AP Photo/Marco Ugarte, File)
by SØREN RATHLOU TOP

Tomorrow it's Black Friday, and how shoppers react in developed markets will likely give investors an indication as to whether sectors associated with consumption are in for a great Q4 ­ or not.

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