JP Morgan: Get Some EM Up at These Levels

Look at these two guys. It’s like a piece of sandpaper talking to a face with just eyebrows. Geez.

Richard Tetherington, CIO for JP Morgan’s EM asset management horseshit, wants you to broaden your EM exposure up here, sans Philippines. Those fucking Filipinos are meddlers, I tell ya. Condescendingly, he reminds you how ‘dangerous’ it is to be bearish on EM, pointing towards the gorilla raping run Brazil just went on.

Later on in the video, he started ranting and raving about how impressed he was with Saudi Arabia’s economic diversification efforts, at which point I turned off the video–thinking he was just pulling a prank.