Emerging-Market Malaise Won’t Be Going Away Anytime Soon
A financial trader reacts as she monitors data on computer screens at the Frankfurt Stock Exchange in Frankfurt, Germany (Photographer: Martin Leissl/Bloomberg)  

Emerging-Market Malaise Won’t Be Going Away Anytime Soon

(Bloomberg Opinion) -- By my count, emerging-market currencies are in the midst of their fifth major weakening trend since 2011. The origins of the current downturn are broadly similar to the earli...
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