The Turkish lira's devastating sell-off, along with the broader Turkish market, is exacerbating emerging markets' recent decline. Investors might find opportunities amid the rubble, but the key is being selective.
The emerging markets-tracking EEM ETF is showing signs of recovery amid international trade war turmoil, and there are several reasons to own the space. To be sure, the EEM is down on the year, but it's managed to bounce nicely off its June lows.