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Western markets are mostly marking time alongside the events in Cyprus, but emerging market debt...

Western markets are mostly marking time alongside the events in Cyprus, but emerging market debt continues a downtrend begun some time ago with the EMB hitting an 8-month low today. It's likewise with equities - off more than 5% YTD, EEM, VWO, and DEM are getting smoked by the SPY.
Comments (2)
  • Wow SPY has been my money maker
    22 Mar 2013, 12:34 PM Reply Like
  • SPY and DIA are, unfortunately, going to be long term losers compared to the growth prospects and better financials in EMs and esp China than the Developed world economies. These areas have been beaten down by manipulators - its us vs them and we are going to lose the economic battles of the next 50 years.
    22 Mar 2013, 01:11 PM Reply Like
DJIA (DIA) S&P 500 (SPY)