See our Butterfly seminar here
I remember not too long ago there was an acronym given to the emerging markets star countries. Brazil, Russia, India and China were and are known as the BRIC’s for their buoyant markets and running economies. What the heck happened? In two cases oil crashed, some corruption in some others and an outright equity collapse from poor capital structures put the BRIC’s into the dust bin for 2015. The SPX might be poking along but it is not down over 10% like the EEM is.