CHART OF THE DAY | Emerging Markets: 'A Sucker's Bet'

04/19/16 08:05AM EDT

Editor's Note: Below is a brief excerpt and chart from today's Early Look written by Hedgeye Senior Macro analyst Darius Dale. Click here to learn more.

 

"... But what is clear, however, is that investors have had ample opportunity to sell into every “face-ripping” short squeeze to lower-highs across the spectrum of emerging market assets over the past ~5Y – of which there have been many – as highlighted by the Chart of the Day below."

CHART OF THE DAY | Emerging Markets: 'A Sucker's Bet' - Chart of the Day 4 19

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