Emerging Markets - Where Are the Real Danger Zones?

Growth has definitely slipped into the back of the bus here. It's a very challenging environment because investors in the us Are so weighted into tech, and the big indexes are so heavily texcued. We think that food prices, another commodity is going to be really under significant pressure going forward. So we have to bel a bit careful, again, about emerging markets. There n be some pockets. I give ou the example of china, which can do well. But there will be the majority of the merchant markets. If wou do think we'll be very challenged over the next course. Rase o, you got to pick your countries very carefuly. You got