JPMorgan ‘Afraid’ of Emerging Market Selloff Impact on Banks – Bloomberg 06-06-13

Salient to Investors:

Kian Abouhossein et al at J.P. Morgan Cazenove said:

  • The emerging market sell-off sparked by speculation of reduced Fed stimulus may cause a material slowdown in emerging market fixed-income revenues with volumes drying up.
  • December is most likely for the first tapering by the Fed, but if the labor market continues to improve as in the last 6 months, it would be September.

Read the full article at http://www.bloomberg.com/news/2013-06-06/jpmorgan-afraid-of-emerging-market-selloff-on-fed-tapering.html

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