Gayed: Bears should apologize to Emerging Markets

Michael A. Gayed, CFA, contributor at MarketWatch, opines that bears should apologize to emerging markets for predicting a looming crisis.

Emerging markets have performed at the best rate so far this year, all despite the Federal Reverse decision to raise short-term rates.

Gayed cites the strength of debt in emerging markets as of the utmost importance and notes that credit often leads equities in US markets and the world.

EmergingMarketBanking

Read the piece at MarketWatch.