Chasing yield in risky places is…well, risky. The US Federal Reserve is slowly tapering its monetary anesthesia, and, while the United States will have to take its medicine of rising interest rates, capital flight is delivering massive blows to emerging markets. The Economist Intelligence Unit recognizes that it’s a bitter pill for investors to swallow but, with its characteristically reassuring bedside manner, it calmly and expertly delivers its prognosis: Emerging markets have had a shock to the system, but they’re far from terminal cases. getAbstract highly recommends this concise and forward-looking report to global investors.
In this summary, you will learn
- Why money poured into emerging markets after 2008 and why it poured out beginning in 2013,
- Why all emerging-market countries are not the same, and
- Why investors remain upbeat about prospects for some developing countries.
About the Author
The Economist Intelligence Unit is an independent research and analysis unit.