Who’s Next In The Emerging Market Sudden Stop? Countries increased imbalances getting used to cheap and abundant inflows. Now the reversal is painful. EM FX continue their decline against the #USD.

Who's Next In The Emerging Market Sudden Stop? Countries increased imbalances getting used to cheap and abundant inflows. Now the reversal is painful. pic.twitter.com/UZxnCSqVqu — Daniel Lacalle (@dlacalle_IA) May 18, … Read more