An Ugly Day For Developing Markets

It was a sea of red for emerging market equities Wednesday as the dollar strengthened. The Vanguard FTSE Emerging Markets ETF (VWO) fell 1.2%, while the iShares MSCI Emerging Markets ETF (EEM) fell 1%.

Source: blogs.barrons.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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