The recent Emerging Market rally is built off a combination of fundamental and technical factors.
Nasdaq BioTech Index led to the move lower for all stocks.
S&P is having its fourth worst day of the year (-1.6%), but Emerging Markets only down 40bps.
CRB (Commodity Index) at highs not seen since Oct 2012.
Tune in as Tim provides subscribers with an important update on Russia (RSX, quote). Now that Russia has rallied albeit still down 18% in U.S. dollar terms…now what…Leverage my 17 years of Emerging Market experience and my Russian contacts to figure out the political environment and how to position your portfolio.
After a 4% rally in one week and an 8.5% rally from the first week of February lows emerging market equities are a technical sell at key resistance but are in the early stages of what we feel is a bear market rally.
Hello Emerging Money Audio Call Subscribers. On the call today we will review the rally in Brazil and the concerns surrounding the currency.