Economics
Volatility Back With a Vengeance for Emerging-Market Stocks
- Realized price swings climb to highest in almost 12 months
- Investors caught between booking gains and prospects for more
Harrison Says It Makes Sense to Be A Little Cautious
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As the best year for emerging-market stocks since 2012 draws to a close, investors are experiencing more than just a 30 percent return -- volatility has staged a comeback.
Thirty-day historic volatility on the MSCI EM Index has climbed to the highest in almost 12 months, no mean feat in a year when swings in developed-market stocks and bonds plumbed record lows.