Equity investors need to keep an eye on the risk surrounding emerging markets, advised MF Global fixed income futures analyst Jessica Hoversen on CNBC Wednesday.
"There's money flying out of these emerging markets and that really makes me nervous," she said.
Developing markets have been on a tear over recent years. But that growth is leveling off, Hoversen pointed out. Indeed some countries are so dependent on high-levels of development that they need double-digit GDP growth not to be in recession.