CHART OF THE DAY: "Oh Macro Guru, Where Art Thou?"
Below is a chart and brief excerpt from today's Early Look written by CEO Keith McCullough. Click here to learn more.
What is a macro market “expert” anyway? Many of the “Emerging Markets” experts are still long of EM right now. That’s not been good. EM Equity (MSCI Index) was DOWN another -0.4% last week to -8.3% year-over-year.
“Cheap” is getting cheaper with one of the top drivers of EM Equity underperformance (a #StrongDollar) still doing what it should be doing during Global #Quad4 in Q3.
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