World Is Falling Into Economic Calamity
Investmentwatchblog.com
April 20th, 2013
Emerging Markets Are Selling Off
Blame Japan, China, and Apple.
SoberLook
A confluence of recent events has been pressuring emerging countries’ equity markets. Over the past couple of years emerging and developed markets have been moving in lockstep, but the two have diverged recently.
What’s behind this underperformance in emerging markets stocks? It seems that a number of simultaneous developments has contributed to the sell-off:
1. The spectacular decline in shares of Apple has put downward pressure on some of its Asian suppliers and related technology firms.
2. Weaker than expected growth in China (see post) is contributing to the sell-off (see Bloomberg story from earlier this week).
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Growth indicators going down the drain?
The Rest…HERE
