Kenneth Tower, CEO & Chief Investment Strategist of Quantitative Analysis Service, Inc. (QAS) announced to clients on June 28, 2016 that EM to Outperform DM in Major Macro Shift!
*Emerging Markets (EM) are poised to outperform Developed Markets (DM) over the next year!
*This suggests an end to nearly six years of EM underperformance and could easily turn into a long period of outperformance.
*This is a major low that has been forming over the past two years.
*Keep in mind that this is a ratio of MSCI EM/World. So EM outperforming does not guarantee that EM is rising. It could simply decline more slowly, but it is clearly the better choice.
*This is part of what our work suggests is a major macro shift in favor of commodities and emerging market equities and currencies as commodities put in major lows.
*Gold has already begun a new up cycle and the US$ appears to be a major top.
*Contact us for information about top performing Regions or Countries!
*QAS Alert Follow-Up Yen: JPYUSD has reached the 102 target we indicated in our December 2015 Alert.
Please contact us for further information.