Goldman’s Discouraging View of Emerging Markets
December 24, 2013 at 08:00 AM EST
Broadly speaking, 2013 was a forgettable year for emerging markets investors. The Vanguard FTSE Emerging Markets ETF (NYSEArca: VWO) and the iShares MSCI Emerging Markets ETF (NYSEArca: EEM), the two largest emerging markets ETFs by assets, are down an average of 6.5%. Painting a picture of just...