Emerging Markets Outflow Being Driven by Short Term Investors: CitiVW Staff
It has been a painful ride in emerging markets this year, with inflation-related protests in Brazil, political unrest in Turkey and a slowing economy in China. The Federal Reserve's suggestions that it may soon taper the liquidity fueling investors' appetite for emerging markets didn't help either.
The road ahead will likely be bumpy, as countries like China face structural challenges in transforming from an investment-led economy to one . . .
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