Morningstar's Mike Coop on Emerging Market Outlook: Ignore Macro Chatter, Focus on Price Discipline and Valuation

Mike Coop, Chief Investment Officer at Morningstar Wealth, advises investors to focus on price discipline and valuation rather than macro signals. He notes that global portfolios remain anchored in US markets despite rising geopolitical shifts and trade realignments. Coop suggests that investors should diversify their exposure, citing India as becoming rich relative to peers, while Korea and Brazil look more attractive. He emphasizes the importance of behavioral self-awareness and staying rational in investment decisions.