Americans bailed out of domestic stocks at just the wrong time, plowing recklessly into emerging markets in a vain pursuit of faster growth. Emerging markets have taken it on the chin this year, but U.S. investors who piled into them are really feeling the pain.
The iShares MSCI Emerging Markets Index ETF has lost 16% of its value since its recent high in January -- and unlike U.S. indexes, which have made all-time highs this year, it's still a third below its 2007 peak...............................................Full Article: Source
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