Historical Incidents and Fallacies: Market Assessment Within the Underlying Currents
Warning: This is not a commentary about warnings. Forecast: Why should anyone desire to be proven wrong? Market Indexes: Distorted and inadequate to capture market movements let alone the undercurrent fundamentals. In the not too distant past, when we look at the...Trade Disputes, Emerging Markets, and Supply Chains: Rising Tensions and Conflict Inflation
Emerging and developed markets depend to some extent on a China-centric supply chain. As trade tensions between the US and China (as well as between the US and the EU) are rising, that supply chain is subject to interruptions. The more of those interruptions occur,...Global Synchronized Growth? Credit Markets and Earnings Potential
With little doubt, emerging markets have entered into bear territory with the Chinese index down more than 20% since January. This is happening at a time when central banks are unwinding their QE-induced liquidity and while corporate leverage stands at an all-time...Market Swings and Policy Moods: Kafka, Verdi, and Pink Floyd
Whether President’s Trump’s threat of imposing additional tariffs on $200 billion worth of Chinese imports is a negotiation tool or a real threat remains to be seen. What/who also remains to be seen is Treasury Secretary Steven Mnuchin, who declared just a few weeks...Sign Up for Our Publications
