Saturday, February 10, 2018

Emerging Market Funds May Have Topped Out

Emerging markets have rocketed higher since Donald Trump's election in 2016, with many benchmarks gaining more than 50%.

The US Dollar's steady decline has driven the upside, raising the relative value of the Chinese Renminbi, Indian Rupee and other emerging currencies.

However, this week's mini crash may have been a game changer, marking the first stage of a long-term top for emerging markets and a bottom for the greenback.

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