Sep
05

Contagion or Not, These Emerging Markets Hold Key to Selloff

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  • Brazil, Indonesia May Be Better Off Than Currencies Suggest
  •  Current Account Deficits Remain Key to Many Developing Nations

This year’s global emerging-market selloff has its roots in a slew of mini-routs as the era of easy-money came to an end. Consider Turkey, now paying the price for its refusal to follow orthodox monetary policy; Argentina, facing a crisis of confidence just four years of its last default; China, targeted in a trade war; and South Africa, the emerging-market proxy punished for crisis in any corner of the asset class…

Contagion or Not, These Emerging Markets Hold Key to Selloff

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