Mark Newton Names Taiwan Among Top Emerging Markets as $EEM Eyes All-Time Highs

Mark Newton, Head of Technical Strategy at Fundstrat, identified Taiwan and Mexico as prime emerging market opportunities over the short-to-intermediate term, advising investors to trade current technical setups rather than geopolitical risks.
Key points from Newton's outlook include:
- Bullish intermediate preference for Taiwan and Mexico, while underweighting or avoiding India and China for now.
- South Korean technology giants such as SK Hynix and Samsung represent substantial index weightings in $EWY and $EEM.
- Emerging markets are projected to extend their cyclical advance, with $EEM potentially reaching new all-time highs by next spring.