Goldman’s Discouraging View of Emerging Markets

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...
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