EM equities NOT more attractive than U.S.
—>NewsThe rush to buy emerging market stocks and debt, a move driven by hot money, is more a relief rally than the start of secular trend. Encouraging investors to chase foreign markets as the global economy and market tilt towards crisis illustrates how the majority becomes bagholders of unexpected trend changes. US stocks, consolidating since March under growing uncertainty of tax reform,…
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Source: http://edegrootinsights.blogspot.com/2017/05/em-equities-not-more-attractive-than-us.html
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