Emerging Money Daily Audio Call July 21 - Global markets look tired and EM markets want to catch a “baby bid”. 

Phone AudioAll of this comes as a result of overbought markets and oversold commodities and selected FX markets.  Short term tactical ways to play these moves are on the site today. 

Is China is moving to low volatility again?  Clearly this is a relative assessment but we are of the view that consumption related stocks in ADR form will be now able to see some fundamental stock picking flow through to beaten up charts.

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