Emerging Markets, Currencies Look Ripe to Short Sell
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Emerging-market stocks and currencies are luring global investors for all the wrong reasons right now.
A quarterly Bloomberg Global Poll showed there was a two-fold surge in the number of respondents who identified developing-nation equities and currencies as the assets they’d most like to bet against. For currencies, the percentage jumped to 12 percent from 6 percent in November while for stocks, it rose to 7 percent from 3 percent.