Seeking Alpha

Flows out of emerging market funds continue to surge, hitting $5.45B last week, the third...

Flows out of emerging market funds continue to surge, hitting $5.45B last week, the third highest amount in 3 years. The outflows are high enough that it has triggered a contrarian buy EM/sell DM trade signal from Citi's analysts. EEM +0.3%. VWO +0.6%.
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