How long can FOMO, TINA, BTD help sustain D-Street’s ‘see no evil’ stance?
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How long can FOMO, TINA, BTD help sustain D-Street’s ‘see no evil’ stance?By Ajay Bodke, ET CONTRIBUTORS
Last Updated: Jul 15, 2021, 10:14 AM IST
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Synopsis
A spike in risk aversion and reversal of carry trades from emerging markets (EMs) is a possibility that needs to be factored in by complacent policy makers in EMs like India.
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