Emerging Money Daily Audio Preview Call for May 20th – What markets are rallying while global markets trade sideways.

450px-Base_radio_station_(215811565)We see Emerging Markets (EEM, quote) and Developed Markets in lockstep as we look at the spread. The EM vs DM spread is getting to where we want to start taking a look at profits around 23 getting close to that level even though Emerging Markets continues to outperform.

We are still looking at Chinese (FXI, quote) consumption and believe Brazil (EWZ, quote) is overdone. Login into your account and listen to the premium version of the audio call to get the trades.

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