Rally Fades for Emerging Markets

Emerging markets are declining for the first time this week after a four day rally driven by signs that the Fed won't raise rates this month. Now, despite today's losses, the MSCI Emerging Markets Index is near its highest since July last year. Investors have been pouring money into emerging market currencies and bonds as well. Bloomberg's Tracy Alloway reports on "Bloomberg Markets Middle East."

Full Show: Bloomberg Daybreak: Americas (08/18)
56:42 - Bloomberg Daybreak: Americas hosted by David Westin and Jonathan Ferro. Guests include Mohamed El-Erian, Bloomberg View columnist and Allianz chief economic adviser, Nick Burns, professor at Harvard Kennedy School, and Americans for Tax Reform President Grover Norquist. (Source: Bloomberg)
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  • Full Show: Bloomberg Daybreak: Americas (08/17)