Despite all the doom and gloom in Emerging Markets and the trends on performance relative to G3 markets EM-Asia has outperformed
What was recently their secret weapon to outperforming the S&P on EPS is now a headwind but is it a hurricane?
The Emerging Money EM FX Basket (EMFXB) is a GDP weighted index comprised of the eight most volatile primary currencies in EM.
Those EM “have’s” with exposure to either falling commodities, current account issues, political turmoil, or all of the above, are taking down all EM countries, even those who do not have (“have not”) the same exposure to such factors.
LONG the US Dollar was a trade that for much of 2013 was a consensus view, but to many this trade failed despite the backdrop of a stronger US economy and the Fed in the wings to taper.
In state polls last night in India the opposition party won a stunning upset in areas that hold about 200 million people.