The Economic Update - February 2014
Download The Economic Update - February 2014
Summary of the February 2014 FSP Economic Update:
- 2014 started on a poor note for growth assets as the commencement of tapering of quantitative easing (QE) by the US Federal Reserve (the Fed) coincided with an increase in market volatility.
- Emerging market (EM) equities underperformed their developed market counterparts in January, with the MSCI emerging markets index falling by 6.6% in US dollar (USD) terms.
- Concerns over g…