2024-02-08 10:47:06 ET
Summary
- The Fed's expected normalization policy was the bullish catalyst for EEM.
- However, the Fed signaled a data-dependent delay in the expected cuts.
- Thus, EEM does not have a positive catalyst for now, which is also reflected in a strengthening USD.
Contrarian bet on EEM
I just recently published an article where I outlined the bullish case for Emerging Markets stocks, as proxied by the iShares MSCI Emerging Markets ETF ( EEM )....
Read the full article on Seeking Alpha
For further details see:
EEM: Things Changed, I'm Out