For more coverage from TheStreet.com Ratings team, check out TheStreet.com Ratings section.TheStreet.com Ratings' stock fund ratings for the third quarter reflect global and domestic markets: Investors are pulling out of risky emerging markets and repatriating much-needed funds back to the U.S. Even in the U.S., there is nowhere to hide except Treasuries as global recessionary fears brew. Energy and natural resources continue their downward spiral as prices fall. (Oil continues to drop despite production cuts announced by OPEC.) Finally, growth funds are being particularly hard hit by the stock market declines as some valuations get punished in light of economic weakness. Most of these funds have experienced a decline of more than 40% for the three months ended Sept. 30. It is likely that more pain is ahead for each of these three categories of funds. The top-five laggards are listed below.
|Emerging Markets Rout|