Emerging markets look less vulnerable to a financial crisis than they were in the past

Business Insider Australia If recent economic data and confidence among those in financial markets is anything to go by, it looks like the European Central Bank (ECB) may be about to announce a tapering of its asset purchase program, potentially before the end of this year. Bond purchases will slowly decline, beginning a normalisation of monetary policy from the emergency levels at which it currently sits. Like the US Federal Reserve before it, the question many are now asking themselves is what...