Credit: Long story short - after years of underperformance emerging markets might seize the day if U.S. earnings season shows up as poor as feared.
Another 90bps of outperformance today and 7.2% in 15 days.
Emerging market ( EEM , quote ) currencies on fire and this is the key to the trade! Look at the bottom part of the chart below.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
