By Sharon Fay
Emerging market ((EM)) stocks fell in the third quarter and continued to diverge sharply from developed-market equities. While it may be too soon to buy into the weakness, investors should watch for signs that could herald a quick rebound.
US, European, and Japanese stocks have all advanced this year. But the MSCI Emerging Markets Index has tumbled in local currency terms and even more in US dollar terms (Display below, left). EM returns have been dragged down by Turkey's currency crisis and concerns that China's challenges could be aggravated by