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Asian EM Stocks Clubbed Into Corrections As Monetary Tightening Takes Away Punch Bowl
Asian EM Stocks Clubbed Into Corrections As Monetary Tightening Takes Away Punch Bowl Major equity indexes in Asia are approaching or have already entered corrections as central banks (ex-China) prepare to hike this year.  On Tuesday, Andrew Tilton, the chief Asia-Pacific economist at Goldman Sachs, told clients that Asian central banks (ex-China) would join the so-called "normalization train" with other monetary authorities and begin to hike interest rates in the second half of
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