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When money moves out of a US Dollar based portfolio to Emerging Markets, * 1. the US Dollar will be stronger 2. the central banks
When money moves out of a US Dollar based portfolio to Emerging Markets, *
1. the US Dollar will be stronger
2. the central banks in general welcome such hot money
3. it is likely that the S&P500 will rally
4. it is likely that the Emerging Markets will rally
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