Emerging markets (EEM, quote) continuing outperformed the S&P as we see the emerging market spread heading to the 23 level that we’ve been watching. 675px-Telefunken_broadcast_AM_radio_receiverWe will talk about the positions in our accounts and we are going to continue to review Brazil (EWZ, quote) to performance comments today but it was going to the bank counter by comments by the finance ministry.

I will also review China and U.S. earnings as well as a look ahead to EM index rebalancing. Tune for much more…

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