But market here where the dollar is strong and bond yields are rising which makes it very hard for countries across EM to cut rates. This is just a very tough environment and so I do not think investors should be all that constructive going into 2025. But market here where the dollar is strong and bond yields are rising which makes it very hard for countries across EM to cut rates. This is just a very tough environment and so I do not think investors should be all that constructive going into 2025. Economic Times