Returning to the US, the Fed QE taper will be the key financial market event in the last quarter of 2021. Emerging markets in 2013 saw large corrections in their currency, bond and equity markets as well as much slower recovery period. The next question is how ready emerging markets are for tapering today. Similar to many of their peers, Asean emerging markets have a weak growth outlook. How emerging markets, including Thailand, will weather tapering this time around thus depends on how well they can convince investors about their growth and recovery outlooks.

Source: Bangkok Post September 15, 2021 23:37 UTC