U.S. rate hike could hurt emerging markets and commodities

The expected U.S. rate hike could stifle emerging market growth as investors move more money back to the U.S., argues a piece by Advisor.

Asian countries such as China, Malaysia and Indonesia—which have seen a decline in investor interest—are particularly vulnerable. Central banks there are already trying to shore up local currencies and offset fund outflows.

This slowdown is also likely to weigh on global commodities.

Read more here.