FYI: (Click On Article Title At Top Of Google Search)
Suddenly, emerging markets have lost their popularity.
Weakening local currencies were a big factor in last week’s declines, as the U.S. dollar strengthened on warnings of interest-rate hikes. Investors are nervous because emerging markets have enjoyed 13 weeks of net inflows of funds, making them a bit pricier and more vulnerable to bad news. They have risen in the face of debt pressures and economic struggles in China. The iShares MSCI Emerging Market exchange-traded fund (ticker: EEM) fell nearly 5% last week, cutting its year-to-date rise to a mere 2%.
Regards,
Ted
https://www.google.com/#q=Risk+Rises+for+Emerging+Stock+Markets+Barron's
