FYI: The iShares MSCI Emerging Market exchange-traded fund (EEM) slipped 2.2% with Janet Yellen’s uneventful speech Friday giving investors pause.
The Fed acted as a speed bump for fund flows, which slowed in the latest weekly reporting period. But one emerging market hedge fund went solo early in the week. Fed Vice Chairman Stanley Fischer threw a wrench into the works after Yellen’s speech, saying the Sept. 2 jobs report could trigger a September rate hike, along with another this year.
Herein, a roundup of news and emerging market investing activity for the week:
Regards,
Ted
http://blogs.barrons.com/emergingmarketsdaily/2016/08/26/emerging-markets-in-review-fed-riles-etfs-angst-in-africa-latin-america/tab/print/