CHART OF THE DAY: Being The Bears On Emerging Markets

08/09/16 08:33AM 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.

"... Alas, we should’ve seen broad-based EM reflation coming from a mile away. As rewarding as being the axe on the bear side of EM has been since we authored the call in early 2013 (see: Chart of the Day below) is as shameful as it has felt overstaying our welcome in the YTD."

CHART OF THE DAY: Being The Bears On Emerging Markets - 8 9 16 Chart of the Day

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