AMEX:EEM ISHARES MSCI EMERGING MARKETS ETF
I feel going into this year, no one paid any attention to the emerging markets. How they would affect the US markets. I feel we will see carry trades get disrupted all across the globe. This will send us lower on the EEM . Some will say use the EEM as a hedge for the S&P . I personally believe this will put a drag on the S&P , but we shall see.