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Non-Tech : The Brazil Board -- Ignore unavailable to you. Want to Upgrade?


To: elmatador who wrote (1570)4/29/2016 10:02:36 AM
From: ggersh  Respond to of 2508
 
It's all rather simple when one follows the bouncing ball

"Investors flooded out of EM assets in the early weeks of this year on fears of a sharp economic slowdown in China, continuing weakness in the price of oil and other commodities, and on the prospect of interest rate rises by the US Federal Reserve.

Outflows turned to inflows when Beijing moved to calm fears and stimulate growth, oil recovered and stabilised and investors became convinced that the Fed would be much less hawkish than previously feared."