👉 MSCI's 47-country emerging market stocks index is up 17%
👉 Most major EM currencies have seen double-digit gains
👉 The IMF has revised up its growth forecasts
👉 The dollar's 10% January-to-June dive has played a key role in boosting EM stocks and currencies
👉 The 'Magnificent Seven' big tech stocks that have sucked money out of EM are now up almost twice as much as the EM index since Trump's 'Liberation Day' tariff announcement on April 2