A crack is forming in the emerging-market resurgence. Almost $60 billion went into assets of developing economies during the first months of 2017, helping emerging-market stocks and currencies enjoy their best quarter in two years. Now, worries are setting in that the buying spree has resulted in lofty valuations as geopolitical tensions escalate. Yield-seeking portfolio managers, who made widespread purchases, could be just...

Source: Wall Street Journal April 17, 2017 09:22 UTC