How Long Will This Volatility Continue?

We are now 37 days below the 200 day moving average for the S&P 500. In 2011 it bottomed at 44 days.

 

 

Article of Interest via Morningstar:

 

IMF: Emerging-Market Troubles Risk Triggering Asset Fire Sales

Financial turmoil in emerging markets risks hitting global economic growth and triggering asset fire sales world-wide, especially if the U.S. Federal Reserve raises interest rates prematurely, the International Monetary Fund said.

The IMF has been urging the Fed to hold off until next year on its first rate increase in nearly a decade, saying moving too soon could stall the U.S. recovery and fuel debt problems in emerging markets. Investors are pulling cash out of developing economies in droves as growth prospects dim, commodity prices plunge and borrowing costs rise. The retreat comes after emerging-market economies gorged on cheap debt to drive growth as central banks gassed the easy-money pedal in the wake of the financial crisis.

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IMF: Emerging-Market Troubles Risk Triggering Asset Fire Sales

IMF: Emerging-Market Troubles Risk Triggering Asset Fire Sales, Read most current stock market news, Get stock, fund, etf analyst reports from an independent source you can trust – Morningstar

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