I’m a surfer, and it’s a sport I’ve been doing since I was a kid. To be a good surfer, you need to know how to read the sea. That means you need to know when the sets are likely to be best, what the water temperature is and, perhaps most importantly, when the tide changes.
When it comes to your money, similar knowledge makes you a better investor. The difference is you want to know when there’s a significant change in the tide of what’s working and what’s not working.
During the third quarter, stocks in the emerging markets really began to see a tide change. The iShares MSCI Emerging Markets Index ETF (EEM) was down nearly 4% in Q3 and plunged 7.8% in September alone.
Read more about the results of the third quarter and what they mean for the future of the market at Eagle Daily Investor.