Gundlach: If I was looking for a contrarian play, I'd buy emerging markets (EEM, DEM, VWO) over...
Jun. 27, 2013 4:29 PM ETEEM, EWZ, FXI, VWO, ADRE, CAF, SPEM, DEM, PXH, EUM, EEV, DGS, PIE, EWX, EDC, EDZ, EET, AGEM, SCHE, EMLB, EMSA, EWEM, HILO, EEME, FEMS, DVYE, EMFT, EEMA, EGRW, EVAL, BBRC, EMDD, TLTE, EMCR-OLD, IEMG, EMDRBy: Stephen Alpher, SA News Editor Gundlach: If I was looking for a contrarian play, I'd buy emerging markets (
EEM,
DEM,
VWO) over gold, he says, shaking his head at their massive underperformance compared to the S&P 500. Brazil (
EWZ) and China (
FXI,
CAF) stand out for their weakness, but he'd stick to a basket rather than any individual market.