Mind The EM---Markets Aren't Heavy, They're Fixing To Implode

However, as former FX trader and fund manager Richard Breslow warned "I keep visualizing oblivious fun-seekers in danger of getting way out over their skis."

And judging by today's price action - they were... Stocks down, gold down, bonds down, the dollar is spiking along with VIX... But, as Bloomberg reports, there are a lot more problems looming... Emerging markets aren’t heavy, they’re setting up to implode...

 

https://www.zerohedge.com/news/2018-05-15/trader-warns-emerging-markets-arent-heavy-theyre-setting-implode

 

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