Traders Flee Emerging Markets at Fastest Pace Since 2008

Updated on
  • Investors have sold $40 billion of assets in the third quarter
  • Biggest outflow since fourth quarter of 2008, IIF data show

Forget 2008, Emerging Markets Feel More Like 1974

Investors have pulled $40 billion out of developing economies in the third quarter, fleeing emerging markets at the fastest pace since the height of the global financial crisis.

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