by Michael Covel
Daily Reckoning
Headlines like this drive me nuts…
“Emerging markets bear will growl for years.”
That was written by a prominent Marketwatch columnist and retirement “expert” in late June 2015.
In the article, the author tells you to sell any shares of dedicated emerging markets ETFs you own because it will take “years” for EM stocks to recover from their slump.
It turns out it only took six months. Emerging markets stocks are up big this year. And if you followed that “expert” advice, you lost out on some serious gains.