Painful catharsis eludes emerging market investors更新于2018年9月25日 06:21 By Bhanu Baweja
No one needs reminding that the economic fundamentals of emerging markets aren’t enthusing investors, but they have not suffered a tectonic downward shift this year.
Yet EM stocks, bonds and currencies have so far performed worse than they did than in the same period in 2013, when EM’s vulnerabilities were judged to be more acute.