Markets move in cycles.  Emerging Markets are not only cyclical but also extremely volatile.  Peak-to-trough swings of more than 30% are common. Cycles don’t repeat themselves, but they do rhyme. As commodity prices were collapsing in 2015-2016, Emerging Markets bottomed in February 2016.  Pundits hysterically predicted that it would take a decade for extraction based economies to recover and that… Read more →