Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights a big mover among exchange traded funds.
This week, Lydon looked at the PowerShares FTSE RAFI Emerging Markets Portfolio (PXH). Emerging markets are gaining momentum and are beginning to outperform developed markets.
This may be a valuation play as investors shift away from relatively overbought developed markets.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.