Risk off episodes

Brazil, Russia, Turkey Potential Sources Of Contagion: Oxford Economics

After making a detailed assessment of lessons from recent market episodes and historic crises, analysts at Oxford Economics observe that Brazil, Russia and Turkey head the list of potential contagion generators, though given its global economic significance, China is much more important than it was in the past.

Gabriel Sterne and Adam Slater at Oxford Economics in their November 25, 2015 research note titled: “How contagious are EM?” note overpriced risk assets, fears of monetary tightening and liquidity drains appear to be bigger concerns . . .

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