Emerging market Fund Flows – Nasty but could be worse and might get worse
Last week, Emerging Market Equity Fund Flows were down for the 4th straight week with the largest outflows seen since the August 2011 bloodbath.
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Last week, Emerging Market Equity Fund Flows were down for the 4th straight week with the largest outflows seen since the August 2011 bloodbath.
Friday’s non-Farm Payroll continues to prop up the U.S. dollar most notably this morning is the USD/YEN as traders breathe a sign of relief that the U.S. economy continues to be on a recovery track, albeit slow and sometimes painfully slow depending on the view.
With Aussie dollar hitting 11 month lows and price barreling towards 1 year lows of .9602 set last June. This is your target to re-load the gun after taking profits.
In a topic which could be discussed at great length beyond this forum, I would at least like to sketch the surface of a concept I think many investors (including me) are having trouble with.