Emerging Issues

By |2014-01-29T10:33:25+00:00January 29th, 2014|Categories: Global Market Update|Tags: , , , |

It’s the end of January and global markets are shifting.In the US and Europe, the stock markets have pulled back 2-3% after a very strong 2013. But emerging markets are down almost 10% after last year’s lackluster returns. What’s going on?When the Fed announced last June that they were ready to slow the expansion of their balance sheet, emerging markets balked. They had grown accustomed to massive cash-flows from the developed world. With the Fed signaling that [...]