NY Open: Wall Street bitten by FANGs
The biggest and the brightest of Nasdaq's tech stars have lost some shine today and taken the rest of Wall Street lower. Meanwhile, the Brexit-beleaguered sterling is hurting too.
Global Macro Strategist
Summary: Just as with global macroeconomic conditions, you can run from the Federal Reserve, but you cannot hide. So emerging market central banks have no choice but to pay the piper and follow the Fed, which is now tightening.