Emerging-Market Rout in Stocks, Currencies Deepens on China Data – Bloomberg

Emerging-market bulls abandoned a four-year long see-saw battle with bears as a rout exacerbated by China’s yuan devaluation sent stocks to the worst weekly decline in two years and currencies to the longest run of losses this century.

Sourced through Scoop.it from: www.bloomberg.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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