Life-After-Stimulus Question Has Emerging-Market Traders on Edge

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It’s a matter of pure conjecture, but the coming week may well be the moment when investors see the beginning of an end to the largess that helped propel emerging markets to unprecedented highs.

Though few expect a sudden turn of events, Russia’s interest-rate decision and the release of Brazilian inflation data could help settle a question that’s burgeoning in the minds of investors. Namely, how will markets in the developing world behave when central bankers tighten the policy screws?

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