SIMON WATKINS: Slowdown now occurring in emerging markets is most significant cloud on economic horizon and its effects are being felt
![SIMON WATKINS: Slowdown now occurring in emerging markets is most significant cloud on economic horizon and its effects are being felt](http://i.dailymail.co.uk/i/pix/2015/05/23/15/1498C04C000005DC-0-image-m-56_1432392367112.jpg)
The economic cycle cannot be abolished and at some point it was inevitable that those growth countries would not be able to keep up their breakneck pace.