EM/SPX Approaching 50-Yr Support

2018-09-05 · by · in Bear Market, Cycles, Emerging Markets, Equities, Historical Analysis, Indices, Ratios, SPX

I plot the ratio of GFD’s EM Index vs. the SPX across history below. The ratio, including this week’s to-date ~290 bps decline, has us but a few %-points away from reaching 50-yr support This is a noteworthy development. The…

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