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Emerging markets, sinking into a correction this year, may fall further still

“Emerging market stocks have sunk into correction territory, and they may feel further pain as the fundamental backdrop for owning them has gotten sapped” writes Nelson Ching for The large emerging markets-tracking ETF, the EEM, has fallen over 11 percent since its Jan. 26 high; that’s also when U.S. equity markets peaked this year.

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