M
Mohamed El-Erian
President at Queens' College, Cambridge
2417012 followers
In my usual Sunday night chart tour, couldn't help being again struck by these four emerging market foreign exchange markets. Some will see these sharp depreciations -- in each of Brazil, Mexico, Turkey and South Africa -- as the currency carrying the adjustment burden. The BIG challenge is that, in this particular economic environment, the resulting dislocations may overwhelm the adjustment process. #markets #currency #investmentmanagement #volatility #em #emergingmarkets
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