Emerging Markets Overview
This commentary is an overview of Emerging Markets (EMs). We begin with a brief review of their recent trends, then explore common factors that affect most every EM (such as the strengthening of the USD), then look at factors that will affect different markets...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...Everything is a Political Theater, but a Political Theater is Not Everything
A few days ago, it was reported that Social Security will be tapping into the Trust Fund in order to pay its obligations. As our total indebtedness reaches $200 trillion (federal, state, city debt) I am pondering when we will be returning to a state of soberness....Sign Up for Our Publications
