22 November 2007
According to Ahya the decoupling thesis seems to be very much on. The current fall seems to be a correction and not a reversal he said and added that the Fed’s moves will be very critical for flows into EMs. According to him a selloff could be seen in EMs if the Fed does not cut rates. Ahya said Asia ex-Japan macros are strong and markets may see the uptrend resume post a brief correction.
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by erectusplus at 16:34:00 |
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