Coming Emerging Market Debt Meltdown

The Fed dashed all lingering hopes for continued dollar leniency on Wednesday. The pledge to keep QE stimulus for a “considerable time” has vanished. Developing countries may be just as vulnerable to dollar shock.

Source: www.talkmarkets.com

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Kenneth Carnesi holds a Juris Doctor degree from New York Law School and a Professional Certificate in International Banking from Harvard Law School. Kenneth Carnesi is the Director of Operations and Government Sales at Anaptyx LLC and sits on the Boards of The Lazarus Organization, Monkeetech LLC and MG Madison Phillips, Inc. Mr. Carnesi has also founded CICG - Carnesi International Consulting Group, a company specializing in strategy consulting to small to mid-size businesses.

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