Hedge Fund Sees 'Significant Correction' in Emerging Markets

January 2018    by Bloomberg

The last time Jordi Visser remembers so many fellow investors saying the exact same thing about emerging markets it was February 2016 and stocks and bonds were mired in a multi-year slump. Since then, the bulls took over: Those assets climbed 78 percent and 19 percent respectively in the past two years. Now, Visser says, euphoria has run to the point where markets are poised for a sudden, sharp drop -- even though emerging-market stocks, in particular, remain attractive over a long haul.

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