Emerging markets all not that bad: CIO

Emerging market currencies may be badly hit as a result of the market rout but that doesn't mean you should pull out of local markets, CNBC contributor Tim Seymour said on Tuesday. "If you're playing the EEM ETF (NYSE Arca: EEM) as a dollar-based investor, the biggest place the losses are taking place is on the currency side," he told CNBC's " Power Lunch ." "The local markets are nowhere near ...