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Two reasons not to freak out over emerging markets

There’s a lot of concern about emerging markets right now: Investments tied to these markets have been sinking fast, and the bigger concern is what’s coming.

With the Federal Reserve expected to continue tapering its monthly bond purchases when it releases its monetary policy decision this week, it doesn’t take a particularly wild imagination to see things getting worse – marked by further currency declines and investment withdrawals, amid a backdrop of political turbulence.