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ICOL - Grupo Aval Looks Attractive Ahead Of An Earnings Recovery As It Absorbs Pandemic Impacts
iShares Inc MSCI Colombia
Mohamed El-Erian recently highlighted a perceived disconnect between emerging market stocks (EEM) and fundamentals on Twitter.
The rebounding emerging markets index is every bit as peculiar as the sharp rebound in domestic indices since the lows of earlier this year, which, despite not showing quite as impressive of a rebound as the S&P 500 (SPY), is astonishingly close to flat for 2020.
Looking deeper at performance in the United States reveals that, while a large swath of the stock market has showed a substantial recovery from the March