Emerging Money Daily Audio Call December 19 – On the call today we talk about the week that was where Russian still has a trade or two left in it.
This not a making a bullish over call on Russia (RSX, quote). We will review oil prices this week and where we think we may have begun to put in the bottom.
We also look at fund flow data for emerging markets (EEM, quote) which some of the worst we’ve seen since August 2011. What does this tells us about oversold conditions but more importantly what remains in the backdrop is a stronger dollar and this something it’s not going to change as the U.S. dollar moves 5 year highs today. Tune into your account and a great weekend!
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