EM stocks tumble into bear territory - FT.com:
"Emerging market stocks have tumbled back into bear market territory after days of turmoil in currencies as central banks stepped up efforts to limit the slide and head off the threat of sharply higher inflation.
The MSCI EM gauge – the most widely followed emerging market index – has fallen by just over 22 per cent from a previous cyclical peak hit in early 2011 that marked a rebound for emerging markets from the lows reached during the global financial crisis."
'via Blog this'
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