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There are times when a pure contrarian investing approach makes sense, but today is not such a time
Emerging markets look increasingly chaotic, with plummeting currencies, messy politics and the biggest-ever IMF bailout capturing headlines.
Emerging stocks appear far cheaper than in developed countries, especially compared with the pricey U.S. market. So is now the time to close your eyes to the headlines, ignore the sick feeling in your gut and just buy?