Equities are still up with emerging markets leading the way or to be more precise: China is pointing the direction. EM is about to get back and hit local highs. With that fact (and bear the 2.7% US10Y in mind) and the underweights in almost everyone’s portfolio, I’d seriously start considering selective buy-ins into some these markets (avoiding commodity driven ones for instance).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s