Trouble in paradise: For the past decade, a river of easy money rushed into emerging markets. Rising interest rates, along with trade wars, have started a stampede out of some emerging markets. Problems long masked by extremely low interest rates are now coming into sharp focus. "The tide ... is receding and some countries have been, or will be, caught naked," Jason Daw, head of emerging markets strategy at Societe Generale, wrote to clients last week. But not all emerging markets are feeling the pain equally.

Source: CNN September 16, 2018 11:15 UTC