Investors are fleeing emerging markets at the fastest pace seen since the height of the global financial crisis, according to the IIF. . Investors are fleeing emerging markets (EMs) at the fastest pace seen since the height of the global financial crisis as $40 billion in assets from EMs was pulled in the third quarter, according to a … Continue reading
By Miguel Ferreyra de Bone Following the decision of the Chinese government to trim interest rates and adjust the requisites of bank reserves for commercial banks, we are starting to see some improvement from the 20% loss in the Shanghai stock exchange last week. More losses in emerging markets should be expected, however. The financial turmoil that the … Continue reading