Embrace a Huge August Shock

USUALLY, the financial markets of emerging economies get anxiety attacks in August. That is how the track record repeating year after year. Huge shocks happen because the value of transactions grow thin as many investment managers go on summer vacations. In such a shallow market, a small issue can cause drastic price movements. The market becomes more prone to volatility.

The problem is, this year is not a usual one. The signs indicate that not

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