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Turkey Levent

Three Reasons Emerging Markets Are Less Vulnerable To Another Taper Tantrum

David Rees (Schroders) | Financial markets in the emerging world suffered a wobble last month. It followed the belated “blue wave” in the US election which appeared to clear the way for a large fiscal stimulus, and sparked a sell-off in the Treasury market. The bout of volatility harked back to the Taper Tantrum that rocked EM markets in 2013. Fears of a repeat, as the US economy recovers this year, have become a major concern among investors.