Latin America Hits 9-Year Lows vs Emerging Markets

One of the biggest themes for me over the past few years has been the consistent underperformance out of Emerging Markets relative to US Stocks This is the exact opposite of what had been such a nice trend for so many years From 2003-2007 Emerging Markets were where you wanted to be and not the United States But since then we have seen a tremendous bottoming out of that trend where now its the US hitting fresh 9-year highs relative to Emerging Markets and its Latin America that is a big part of the reason for this