Emerging Markets Sell Off
Recently stock markets around the world took a tumble after investors dumped emerging market stocks. In this lesson we will look at what happened in the last week of January when investors yanked some US$3.3 billion; causing the largest outflow on record in dollar terms.
Emerging markets have been hit this year because of a slowdown in China, rising interest rates in the US, political turmoil in several countries around the world and overall concerns that emerging markets haven’t reformed fast enough to make growth substantial.
Category: Business / Emerging Markets / Funds