Chart of the day: EU vs Emerging Markets…bring on Mario!

mario super

Emerging markets indices have decoupled from Europe in the past 3 months as growth worries shift East to West. Super Mario has much work to do….

The chart(Source: Yahoo Finance) below shows S&P and Emerging Markets MSCI ETF (EEM) going different places to Europe large cap proxy Stoxx50(FEU) over the past 3 months….

Technical Trends

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