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Why the selloff in emerging markets will only get worse 6:29 PM ET Thu Elgin Baylor Jersey , 7 June 2018 | 01:17 Emerging market stocks are sinking, and one portfolio manager is urging more caution.
Chad Morganlander, portfolio manager at Washington Crossing Advisors Michael Cooper Jersey , told CNBC鈥檚 鈥淭rading Nation鈥?that emerging markets could fall further. Here鈥檚 why.
鈥?One large emerging markets-tracking ETF, the EEM, has fallen 1.5 percent this year amid a gradually strengthening U.S. dollar and concerns around trade skirmishes escalating between the U.S. and its trade partners. The ETF is down nearly 11 percent from its year-to-date high hit in late January.
鈥?As China attempts to decelerate its credit growth Wilt Chamberlain Jersey , the process may have an overall dampening effect on global growth, but particularly across emerging markets.
鈥?The dollar is also a concern in this arena. As the Federal Reserve hikes interest rates going into the rest of the year, 鈥渧alue鈥?firms in the U.S. over growth company will likely benefit Vlade Divac Jersey , while emerging markets will feel the pain as the dollar gradually grinds higher against foreign currencies.
Bottom line: Emerging markets may feel further pain as the U.S. dollar gains, and it would be prudent to go underweight the asset class, one portfolio manager argues.
Total Views: 50Word Count: 199See All articles From Author >How To Buy Medicines From Online Stores?
Nowadays things have changed due to advancement in technology as almost all of us can go online to purchase medicines from inline vendors. The task is very easy and convenient even children can perform it. With its help one need not to stand in the queue to purchase medicines as they can go online by sitting at their place and purchase the required medicines from online chemist shop. But these online pharmacies can sometimes put you trouble, if you purchase an irrelevant medicine. Here are some rules, which can help you to take the best decisions of buying the medicines on web and will keep you safe.
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