Emerging Money Daily Audio Preview Call July 31 – On the call today we get into the great conundrum of higher growth slightly higher rates and what's it mean for emerging markets (EEM, quote).

WAV FILEThe move is a lot of overreaction in my view and if we truly have better numbers out of the States couple back that with China (FXI, quote) bottoming if not actually beginning to reaccelerate even in the smallest way and a Fed that cannot raise rates dramatically these are the backdrops for actually outperforms in our view.

We get into the how and the why we talk a little bit about Argentina a little bit about also the multinationals impact here with most of impacted by Russia (RSX, quote).

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