Bloomberg Intelligence's 'Equity Market Minute' 3/13/2019

Gina Martin Adams from Bloomberg Intelligence discusses the current state of emerging market equities, highlighting their valuation at a discount compared to U.S. stocks. Despite this, wobbly currencies and technical challenges may deter investors. The video analyzes PE multiples, showing that emerging markets are trading at their five-year average but below historical peaks. Technical analysis reveals a sideways market with significant resistance levels, similar to those seen in 2011-2014 and 2007. Surpassing these levels could indicate a stronger bull trend.

How do the technical indicators reflect the current market trend for emerging market equities?

What is the significance of surpassing the 2007 equity prices for emerging markets?