The attached chart of the Russell 2000 shows a breakdown that many have been calling for but has yet to really unfold.
In today’s Emerging Money’s Call Audio – Emerging markets last night rallied in Asia on better than expected GDP print.
The recent Emerging Market rally is built off a combination of fundamental and technical factors.
Folks, rotation is good ultimately but not for momentum stocks, and this has been going on for months, not days.
Emerging Market Funds, both dedicated and ETFs, have now strung together two consecutive weeks of inflows for the first time in 6 months.
I am starting to get a lot of questions from investors regarding the sustainability of this rally in Emerging Markets and what can be the drivers for the next leg(s) higher.