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EDITORIAL

Rate hike tantrum will pass as 'lower for longer' still holds sway

Tuesday, August 25, 2015 - 05:50
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As asset prices plummet, bullish sentiment has seeped out of emerging markets altogether, and is wavering in developed markets.

AS asset prices plummet, bullish sentiment has seeped out of emerging markets altogether, and is wavering in developed markets.

Despite poor sentiment, investors should note how the "lower for longer" mantra is still in play in financial markets, as supportive central banks keep bond