The Traderszone Network

Published in TZ Latest News 12 May, 2014 by The TZ Newswire Staff

GaveKal On The Recent Emerging Market Surge: "Little To Suggest Any Sustainable Economic Healing"

One of the biggest casualties of the taper tantrum in mid-2013 and early 2014 were the stock indices of Emerging Markets. Of course, both drawdowns were followed by prompt buying as for all concerns about fund flows, the carry trade proved to be alive and well, whether due to ongoing QE by the Fed (and the broken market’s inability to price in tapering by the same Fed which has manipulated it to all time highs) or rumors that either a European QE or a boost to the Japanese QE are just around the corner.

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