Several Emerging Markets Look Dim After Growth Expectations Slashed

The iShares Core MSCI Emerging Markets ETF (IEMG) looks to provide investors with exposure to emerging markets through a portfolio with mixed market-capitalizations. Shares of IEMG have traded bullishly since the beginning of 2019, rallying off of a low around $46. However, trades found a top just under $54 in mid-April, and trading since then has dropped the value of the ETF towards $50. With IEMG crossing its 200-day moving average bearishly, investors might choose to avoid the riskier fund. This is especially the case after several emerging markets have seen growth expectations dropped after first quarter data disappointed.

From Finviz

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