As we see the US emerge from the winter hibernation (Retail Sales, Industrial Production, Jobless Claims), we are also seeing signs of Emerging Markets recovery on Macro.
Your Ticket to Investing in Emerging Markets Smarter than the MSCI EM Index.
Take some profits at 420 on the Index after strong run.
Hello Emerging Money Audio Call Subscribers. On the call today we will review the rally in Brazil and the concerns surrounding the currency.
Despite all the doom and gloom in Emerging Markets and the trends on performance relative to G3 markets EM-Asia has outperformed
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.
EM down 5% since the surprise China PMI contracting print.
On Tuesday I will do a piece on CNBC Street Signs (2pm) on investing in Mexico as we cover overall investing in the “MINTs” (Mexico, Indonesia Nigeria, Turkey). Mexico is your safest bet.
Big outflow last week of $-2.2 billion after a week of strong flows $1.9 billion the week before. What I am seeing today and over last few days in ETF land is that investors are allocating to emerging markets away from domestic markets.