Yesterday, Zerohedge made an interesting observation (via Bank Of America Merrill Lynch) of the decoupling taking place between emerging market stocks and the S&P 500 (SPX). That was also the case prior to the two sharp …
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Emerging markets are increasingly looking like submerging markets. Overnight, the Indoesian equity market fell 5.5%, making a new low for the year. The Thai equity market fell 3.5% and India fell around 1.5%. Meanwhile, the …
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