Emerging markets – especially Latin-America – did a huge rebound today, outshining every other regions without significant moves in any other major asset classes. Still SPLAC and MXEF stayed in their ranges, but this pickup the could be a sign for money tide to turn.



ZIRP in action. It`s amazing how resilient the American equities are even with this deleveraging and some fiscal tightening – the greatness of adaptation capabilities!


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