{"version":"1.0","provider_name":"Alpine Macro","provider_url":"https:\/\/alpinemacro.com\/fr\/","title":"EM\u2019s Rocky Bottoming","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"FqvsZVg2yj\"><a href=\"https:\/\/alpinemacro.com\/fr\/research\/ems-rocky-bottoming\/\">EM\u2019s Rocky Bottoming<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/alpinemacro.com\/fr\/research\/ems-rocky-bottoming\/embed\/#?secret=FqvsZVg2yj\" width=\"600\" height=\"338\" title=\"\u00ab\u00a0EM\u2019s Rocky Bottoming\u00a0\u00bb &#8212; Alpine Macro\" data-secret=\"FqvsZVg2yj\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/* <![CDATA[ *\/\n\/*! This file is auto-generated *\/\n!function(d,l){\"use strict\";l.querySelector&&d.addEventListener&&\"undefined\"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!\/[^a-zA-Z0-9]\/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),o=l.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),c=new RegExp(\"^https?:$\",\"i\"),i=0;i<o.length;i++)o[i].style.display=\"none\";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute(\"style\"),\"height\"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):\"link\"===t.message&&(r=new URL(s.getAttribute(\"src\")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener(\"message\",d.wp.receiveEmbedMessage,!1),l.addEventListener(\"DOMContentLoaded\",function(){for(var e,t,s=l.querySelectorAll(\"iframe.wp-embedded-content\"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute(\"data-secret\"))||(t=Math.random().toString(36).substring(2,12),e.src+=\"#?secret=\"+t,e.setAttribute(\"data-secret\",t)),e.contentWindow.postMessage({message:\"ready\",secret:t},\"*\")},!1)))}(window,document);\n\/\/# sourceURL=https:\/\/alpinemacro.com\/wp-includes\/js\/wp-embed.min.js\n\/* ]]> *\/\n<\/script>\n","thumbnail_url":"https:\/\/alpinemacro.com\/wp-content\/uploads\/2022\/09\/em-rocky-bottoming.jpg","thumbnail_width":725,"thumbnail_height":909,"description":"EM assets have not escaped the carnage in the global financial markets following last week\u2019s nasty outsized U.S. inflation surprise, but most have held up better than Wall Street. Notwithstanding the strong headwinds, several important factors mitigate incremental relative downside for EM equities. Meanwhile, China\u2019s latest macro data releases confirm a broad-based economic recovery from very depressed levels. Still, the timing of the inevitable loosening of the self-imposed Covid restrictions will drive China\u2019s near-term growth outlook. We still assign high odds to the zero-Covid policy being phased within three months of the conclusion of the 20th Communist Party Congress."}