All is not well in the world of emerging markets. For the third time in little over a year, the asset class has been shaken by rapid falls in currencies and equity prices. The “taper tantrum” – the reaction to a promised rise in US interest rates – has returned.
新興市場不盡樂觀。才一年多點時間,新興市場這一資產類別已第三次遭遇匯率和股價迅速下跌。「縮減恐慌」(taper tantrum)——對美國利率料將上升的恐懼——又回來了。
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