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                    [Summary] => After hitting record highs in September, emerging market equities around the world suffered huge losses as investors fear that they are becoming dangerously overpriced.  Emerging market countries in Eastern Europe, Latin America and North Asia were among the worst hit.  Russia, for example, declined 13.4 percent while Turkey is down 12.2 percent from their recent highs. The major reason is a global inflation scare which investors fear could prompt the US Fed to raise rates more aggressively. 


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                    [AuthorName] => Ignacio B. Gimenez
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LATIN AMERICA AND NORTH ASIA

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abtest

Why are we lagging behind?

By Ignacio B. Gimenez | October 17, 2005 - 12:00am

After hitting record highs in September, emerging market equities around the world suffered huge losses as investors fear that they are becoming dangerously overpriced. Emerging market countries in Eastern Europe,...

Business