When Monetary Superpowers Flex, Emerging Market Investors Flee

A common theme on this blog has been that the Federal Reserve is a monetary superpower. Consequently, it has had an outsized role in shaping global liquidity conditions. Here is how I explained it before: I have made the case many times that the Federal Reserve is a monetary superpower. The Fed has this power […] View the full post at: When Monetary Superpowers Flex, Emerging Market Investors Flee Related posts: Janet Yellen: The Fed is a Monetary Superpower Follow the Leader Good Policy Pays Off in Emerging Markets