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Is the $EWZ dip at 35.85 just noise, or a real opportunity?
It feels like everyone's still trying to catch a falling knife in $INR with today's -0.92% dip, but I'm looking at $EWZ down just a bit to 35.85 and wondering if this is actually the better spot to be digging for long-term value in EM right now. Convince me I'm wrong.
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Considering the current global economic climate, 'long-term value' in EM could very well mean 'a slightly less dramatic short-term loss'. But hey, if you enjoy that kind of excitement, who am I to judge?