Is A Stronger U.S. Dollar Really Bad News? Three Myths About Emerging MarketsGuest Post
Is A Stronger U.S. Dollar Really Bad News? Three Myths About Emerging Markets by Michele Mazzoleni, Research Affiliates
The fragility of emerging markets continues to dominate financial news. Several currencies have registered double-digit losses over the past few months, equity valuations have been dropping, and the rate of economic growth has decelerated. Even the Chinese government capitulated to a slowing economy and devalued its currency, a decision that should provide support to its exporting sector. These . . .
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