‘We Might Have To Cut ‘Em Loose’: There Are Worse Things In The World Than An Emerging Market Rout, Right?

So, I talked a bit on Thursday about how, in the post-crisis world driven as it is by the relentless hunt for yield catalyzed by DM central banks, everything has converged on one trade. That discussion was part of a piece about Italy I digitally penned for Dealbreaker and as I'm prone to doing, I turned a post ostensibly written to make a point about a specific market into a comment on cross-asset strategy in a QE-driven world. That tendency of mine (to try and reinvent wheels with every post)