Emerging Money Audio Call June 6 – U.S. payroll numbers in line no disappointment ECB no disappointment risk assets go higher with emerging markets right at one year highs.
We think we are pushing through those highs although the underperformance in the S&P might have been a headache for some.
We think this is a great opportunity be buying emerging markets versus developed we also have some real value with emerging markets and how to play this in ETF form.
Finally as we look across the luxury space in emerging market product numbers last night don’t be confused will tell you how play it.
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