Opinion | Is this time different for the emerging markets?3 min read . Updated: 09 Oct 2018, 03:28 AM IST
Markets have for years been operating under the assumption of the US Federal Reserve backstopping the risks. The worry is that Jerome Powell may no longer be reading from that old script
Is the current turmoil in emerging markets just another scare, or is it the start of a prolonged bear market? That’s the question uppermost on investors’ minds at the moment.
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