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Global stocks hit 2-1/2 month lows as EM selloff continues
[Reuters] - Global equities hit 2-1/2 month lows on Thursday after the U.S. Federal Reserve pushed ahead with reducing stimulus, raising concern about more emerging markets weakness and pushing investors towards safe-haven bonds. It's no 1998 ... we have a very cautious stance on all emerging market equities and currencies at the moment," said Hans Peterson, global head of investment strategy at SEB Private Banking.
http://us.rd.yahoo.com/finance/news...s/asia-shares-retreat-risk-yen-003038845.html
[Reuters] - Global equities hit 2-1/2 month lows on Thursday after the U.S. Federal Reserve pushed ahead with reducing stimulus, raising concern about more emerging markets weakness and pushing investors towards safe-haven bonds. It's no 1998 ... we have a very cautious stance on all emerging market equities and currencies at the moment," said Hans Peterson, global head of investment strategy at SEB Private Banking.
http://us.rd.yahoo.com/finance/news...s/asia-shares-retreat-risk-yen-003038845.html
