Mr. Bernanke's Emerging Market Curse

The MSCI Emerging Markets Index, the benchmark for investors interested in emerging markets, has been underperforming the S&P 500 for three years. I am sorry to say emerging markets seem destined to continue underperforming in 2014 in part due to the pending unwind of QE and its repercussions.  I stared at the relative chart of the iShares MSCI Emerging Markets Index fund EEM -0.42% almost with disbelief. On a relative basis, things are as bad for emerging-market investors as they were five years go near the infamous low in global markets in March 2009. EEM has rallied off that low, but the S&P 500 has rallied so much more that it is easy to see how investors interested in global markets can get disheartened.

http://tinyurl.com/m7zq55y