Strong U.S. Dollar Saps Emerging Markets ETFs
September 14, 2018 at 12:11 PM EDT
Emerging markets stocks and emerging markets ETFs, such as the Vanguard FTSE Emerging Markets Index ETF (NYSEArca: VWO), are being crimped by the resurgent dollar and that scenario may not abate anytime soon. On a local currency basis, the FTSE Emerging Markets Index, VWO’s underlying...