Developed Market Tightening: Why It’s Different

Major central banks are getting closer to renormalizing policy. Brandywine Global’s Brian Giuliano, CFA explains why an evolution in emerging market policymaking and the current macroeconomic environment have made emerging markets better prepared for this round of developed market tightening, and why the overall global response may be different than 2013’s Taper Tantrum. Brandywine Global: The Power of Value Investing.

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