Emerging markets tumble
It’s predictable event. When the center is in crisis, money is being repatriated (voluntarily or forced) as risk appetite lessens. Explains part of the dollar rally as well. Ironic, that. […]
Latin America was doing relatively well in the crisis. Until they pull stunts like this
Despite falling commodity prices, too little investment and doctering inflation figures (in some cases, like Argentina), the continent was holding up relatively well, which is quite an achievement in itself […]