By This Measure, Thursday Was A ‘Black Monday’

This week was so chock-full of notable statistics and stuff that sounds really scary that it's proving difficult to catalogue it all. But one quick thing we thought you should note is the spike in the EEM "VIX" that we saw on Thursday. Needless to say, emerging markets didn't have a great week. Indeed, four consecutive weeks of gains came to a rather unceremonious end amid "fire and fury" as the MSCI’s developing-nation stock gauge had its worst week of the year. For more on this, see "As

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