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Emerging markets gripped by greed now turn to Federal Reserve for fresh spur


Emerging markets gripped by greed now turn to Federal Reserve for fresh spur
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New York : In this photo provided by the New York Stock Exchange, traders work on the floor during the United Wholesale Mortgage IPO, Friday, Jan. 22, 2021. Wall Street is tapping the brakes on its record-setting rally this week, as markets worldwide take a pause on Friday.AP/PTI(AP01 23 2021 000002B)
(AP)
. Updated: 24 Jan 2021, 08:58 PM IST Bloomberg
With Friday’s declines delivering a week-ending jolt to the bulls, some of the warning signs took on a more worrying look
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Traders are likely putting their trust in the Federal Reserve to provide the next spur to an emerging-market rally that may be showing signs of fatigue. ....

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