Nir Kaissar, Columnist

Stock Investors Pick the Wrong Exit in Emerging Markets

Developing markets are handling risks better than those in the U.S.

Try door No. 2.

Photographer: Johannes Eisele/AFP/Getty Images

Lock
This article is for subscribers only.

Here’s a brainteaser: While investors fret about trade wars and rate hikes, U.S. stock prices keep climbing.

Answer: Investors are indeed running for the exit — just through the wrong door.