Fear not, Asia’s emerging markets remain healthy
Jul 18, 2013
There is an irony to the sell-off in emerging markets recently. It is the result of a rare dose of uplifting news from the developed world ― the U.S. economy is showing enough strength to prompt the Federal Reserve to signal a paring back of its quantitative easing program.In tumultuous times such as these we must look at the economic fundamentals to separate the “signal” from the “noise.” The key question today is: Are the emerging markets fundamentally broken, or is this a brief phase in which