FT: SLJ’s Jen sees EM “breakages” amid QE hangover

Mr Jen argues that emerging markets as a whole are still very exposed to a rising dollar after a rapid rise in foreign lending to the developing world over the past decade.

Most EM specialists remain relatively confident that aside from a few isolated problems, the developing world is not facing anything nearly as nasty or as systemic as the crises of the 1980s and 90s. But Mr Jen predicts that 2015 will be a tough year – with the initial tremours only the start.

Read the original article on the ‘FT’ website.

Posted on the 07/01/2015 at 2:05pm by joana.