Submerging Markets: EM Debt, FX Dumped After Fed Hike

A dollar spike along with a hawkish statement has sent Emerging Markets into a tailspin… or more of a tailspin…

EM FX is tanking…

To almost its lowest since early 2016…

And EM Debt is back at Feb 2016 lows…

Artist’s impression of EM right now…

via RSS https://ift.tt/2LL0TJ0 Tyler Durden

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