Panic Sell-Off in Emerging Market ETFs (ETFs: EEM, IFN, ILF, TRF)
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The markets are a total mess; stocks are short-term much oversold. Can they stay that way? For a while, but expect some sort of rally to relieve this condition if only temporarily. The bottom line for equity markets is that the riskier the market sector is perceived the more it’s being shunned and sold.
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