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We Are Removing Our Buy Recommendation On Emerging And U.S. Markets

We Are Removing Our Buy Recommendation On Emerging And U.S. Markets

German Chancellor Merkel has a new plan to reduce sovereignty for certain European nations. This will be a long involved political process and the fight over its implementation will be bad for Emerging Markets and for U.S. Markets.

IShares MSCI Emerging Market Index

10/24/2011

SOLD

-0.8%

U.S.

10/24/2011

SOLD

-1.6%