Risk assets had a strong September thanks to rising optimism that global economic growth was improving. The US dollar fell and equities had a strong month with the S&P500 gaining more than 3% while EM equities each gained more than 7%. Then…
It takes guts to act on contrarian investment calls and brains to provide the conviction to go with your gut…
While the single digit P:E multiple, emerging markets remain mired in a bear, developed markets rallied like a bull in July.
Markets took many prisoners during June 2013 as a combination of Fed ‘tapering fears’ and rising funding stress indicators in many Emerging Markets (“EM”) hit virtually all assets hard…