Emerging markets are coming out of a 15y range

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A strong signal is emerging from the markets in developing countries. The equal-weighted index of emerging market stocks has experienced a breakout after nearly 14 years (see image below). This is a significant development that could signal the start of a new trend. It suggests that important changes are taking place in the global financial markets, particularly concerning the US dollar and its effects on other assets.

 

Source : TaviCosta on X

https://weekendinvesting.com/emerging-markets-breakout-what-it-means-for-investors/

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