January did not turn out to be such a “Sweetheart” month. Winter was all over the Midwest and East Coast. Markets lost over 5%.

Last year was painful for emerging markets and 2014 is shaping up to be even worse.

Among the hardest hit are Brazil, India, Indonesia, Turkey, and South Africa — dubbed the ‘Fragile Five’ by Morgan Stanley last August.

Those countries have seen their currencies tumble 15% to 20% over the past year. And that plunge has continued this month,… Read more