Since the virus outbreak, investment managers seeking to minimize risk have been dumping their holdings of stocks and bonds in emerging economies.
Foreign investors have shed $47.1 billion of the instruments since 21 January, twice as much as immediately following the market crash that launched the Great Recession in 2008.
TREND FORECAST: Violence and protests will escalate in Emerging Market nations as they submerge deeper into the “Greatest Depression.”
With nothing left to lose, the already impoverished people will lose it.
