NEW YORK (TheStreet) -- Emerging markets took a hit after last Tuesday's election of Republican candidate Donald Trump to the presidency and that will continue, UBS O'Connor head of macro investments Erin Browne said on CNBC's "Halftime Report" on Monday afternoon.
"I am very bearish on emerging markets right now," she claimed.
The election was a "game-changer" for emerging markets, she said. "I think that we're at early innings of this emerging market trade. There's a lot of money that went into them and there's a lot of money that needs to come out of them."
In addition, as interest rates rise, emerging markets will take further hits, Browne said. "I don't think that's going to stop."
"I think you short them," Short Hills Capital Partners founder Stephen Weiss said in agreement on the show. Weiss noted that he hasn't been a fan of emerging markets for a while.