Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
Concern Grows As Investors Exit Bond Holdings In Emerging Markets
Hmm ... PRELX is up nicely since I opened small position a month ago (+3.82% for Feb. according to M*) Guess one person's pain is another's pleasure.
Unfortunately, however, the increasingly loud drums of war will not be beneficial to the EMs or many other markets. If this doesn't quiet down soon, expect gold and Treasuries to be strong Monday. Not much else.
@Crash, there seems to be an increasing number of what I call nervous nellies who jump and run at the first sign of trouble. Fine with me as it creates better buying opportunities for the rest of us.
Comments
Unfortunately, however, the increasingly loud drums of war will not be beneficial to the EMs or many other markets. If this doesn't quiet down soon, expect gold and Treasuries to be strong Monday. Not much else.
bloomberg.com/news/2014-02-26/fidelity-to-doubleline-dodge-currencies-riskless-return.html
Press