Market Currents
Investors are still underweight emerging market equities, but big flows into EM ETFs (EEM, DEM,...
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Thursday, January 10, 10:23 AM ETInvestors are still underweight emerging market equities, but big flows into EM ETFs (EEM, DEM, VWO) suggest a lot of catching up has taken place in the last few weeks, says a nervous JPMorgan. The bank also notes its clients have started asking about lower-quality names that haven't yet rallied. "Investors want to find the next thing, not a good thing."
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