Emerging markets stocks have gotten clubbed since hitting a high in January. The iShares Emerging Markets ETF is down 14% from its January peak and more than 5% on the year. And if you believe the charts, EM could hit an air pocket before the asset class sees support. For what was one of the most lauded investments of year, it has been an ugly five months.
Jeremy Jones, CFA, CFP® is the Director of Research at Young Research & Publishing Inc., and the Chief Investment Officer at Richard C. Young & Co., Ltd. Richard C. Young & Co., Ltd. was ranked #10 in CNBC's 2019 Financial Advisor Top 100. Jeremy is also a contributing editor of youngresearch.com.