Tuesday, October 2, 2018

Emerging markets are not a BUY at the moment

Developing economy stocks are not a good trade for now according to Dennis Gartman's recent comments on Financial Advisor Magazine.

"Emerging markets are markets from which you cannot emerge during an emergency. Invariably, the stuff hits the fan and when you have to get out, you can’t get out. There will come a time where, if you bought an ETF of emerging market equities, in 25 years you’ll do great. In the course of the next two years, I think you’ll do poorly."