Markets breathed a sigh of relief in September when the US
Federal Reserve chose to delay winding down its $85 billion per
month bond buying program.
Nowhere relished the news more than the emerging world,
where markets had tumbled since the first hint in May that the
stimulus would be curtailed sooner than previously thought.
Latin assets, in particular, received a much-needed shot in
the arm: stocks, bonds and currencies that had lost ground in
the preceding months to a rapidly strengthening dollar,
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