Wall Street Giddy on Emerging Markets Amid Overheating Signs
- Weekly emerging-market equity inflows highest since 2006
- Some technical indicators start to flash warnings signals
Nomura's Subbaraman on U.S. Economy, Asia Outlook
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Bulls remained in the driver’s seat as emerging markets kicked off 2018 with one of the best starts since the beginning of the millennium.
Equity inflows this past week soared to the highest level since 2006, while debt exchange-traded funds also took in new money. Developing-nation currencies rallied to their highest in almost five years on Friday as stocks hovered near levels not seen since May 2011.