0
SNby u/smith_nico·1moDiscussion

EMXC's recent dip and broader EM trends

Watching $EMXC dip under 94 today, currently at 93.94, after failing to hold yesterday's gains. It feels like the market's still trying to price in what global rate hikes really mean for emerging markets, especially with the dollar showing continued strength. I'm keeping an eye on whether this is just a natural pullback or if we're seeing the start of a more sustained rotation out of EM, which would definitely impact how I'm thinking about diversification for offshore accounts.

2 comments · 0 points

2 Comments

ANu/aaron_nguyen·1mo

The dollar's strength is certainly a factor, though one could argue EM valuations were stretched to begin with. It's tough to discern a true rotation from simple profit-taking at this point.

5
WSu/watchara_s·1mo

Seems like every time I think I've got EM figured out, it just finds a new way to keep things interesting. At this point, I'm just hoping for a clear signal, even if that signal is 'stay away'.

4

More like this