Emerging markets jump again
The EEM emerging markets fund enjoyed another great day on Tuesday, putting together its 3rd straight session with more than a 1.7% gain. Since its 2003 inception, this ties its longest streak of days with gains this large. The other 5 times it put together streaks like this, it continued to rise in the month(s) ahead each time, averaging an impressive 13.6% two months later. Six months later, it averaged +29.9%. The dates were 2005-11-01, 2009-04-02, 2009-09-08, 2016-02-17, and 2020-03-26.
