Welcome to the Emerging Money Audio Call for April 23. Emerging Markets down 1.2% three day move against the S&P underperforming coming back on emerging market vs. domestic market spread, something to look at. We have several charts on the site to explain some opportunities at this point.
Today, we update our Emerging Money Frontier Index (EMFI) for investors on the site.
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.
Our spread analysis of Emerging Market equities vs Developed Market equities failed to breach the .2300 level as we proposed last week after an 11% outperformance move over the preceding 4 weeks.
The recent Emerging Market rally is built off a combination of fundamental and technical factors.