For more information please contact us
ashmail [at] ashmoregroup [dot] com (Email Ashmore)
Emerging Markets headlines provide fig leaf for developed market problems
Weekly investor research
17 March 2014
Global market sentiment is weak, allegedly due to Russia and China. However, we think tapering, bad technicals, and weak data
are a big part of the reason for poor performance of global stocks. Emerging Markets (EM) sell-offs are becoming less violent
and shorter lived as technicals, valuations, and fundamentals prove resilient despite negative EM sentiment.