Chart: Crisis, what crisis?


So we’ve had more Fed taper, plenty of emerging markets turmoil, some big earnings misses and a large dollop of lousy weather. The headlines screamed awful January for equities but guess what?

The S&P has recovered almost all its losses as interest rates in developed markets(and inflation) remain very low…

Chart courtesy of Bloomberg:

However, a chart of emerging markets as illustrated in this MSCI Emerging Markets ETF(EEM) suggest there is lots of catching up to do on the partying in developed markets…

Technical Trends

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