Emerging Money Daily Audio Call June 19 - Closing out a week where Greek and Fed headlines dominated the market psychology we are slightly more informed but many crucial questions remain.
EM assets are basing off the recent drubbing and should outperform into the September Fed meeting despite the view that overall global trade and growth dynamics are not your typical rate hike backdrop where EM outperforms.
China trading action last night reaffirms the markets fears on a bubble but this volatility is not unknown and can continue without global systemic risks being sparked in our view.
Have a great weekend.
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