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EM Stocks Washout Update

EM Stocks Washout Update by Bryce Coward, CFA, Gavekal Capital Blog

EM stocks as measured by the MSCI EM Index are now down 23% from their April high and 26% from their August 2014 high. The last real emotional low we saw in EM stocks was back in 2011 when the MSCI EM Index fell 29% in four and a half months...