Emerging Market Crisis Is Looming
After having hit much of Asia, a second wave of the coronavirus outbreak is hitting the EU and the US, with a slump in world economic growth as a result. […]
After having hit much of Asia, a second wave of the coronavirus outbreak is hitting the EU and the US, with a slump in world economic growth as a result. […]
Turkey is suffering from a classic emerging market crisis caused by gorging on dollar denominated debt. The backdrop environment is worsening, with higher US interest rates and a higher dollar. […]
Argentina seems to be the first victim of a more difficult international climate for emerging markets. In a way, this is somewhat surprising as the country isn’t on the brink […]
South Africa enjoyed a period of solid economic performance in the decade up to the financial crisis. After that, things have deteriorated, and recent revelations have brought to light a […]
There is little to suggest that innovation and technological progress are running out of steam, let alone slowing down. These are the most important determinants of that all-important metric: productivity. […]
Société Générale’s EM strategy team, led by Benoît Anne, declares “the end of the bull market” in the emerging world, writing, “We no longer believe there is upside in emerging […]
“Every emerging market blow-up that I have seen was preceded by a rise in the dollar,” said Albert Edwards for Societe Generale.”Investors overlook how vulnerable these countries are to a […]
Now that many developed markets have had a lost decade (and another one on the way)..
Some say Brazil is a little frothy though..
Even driving the global recovery. While we’re not so sure about that, earnings growth in emerging markets sure promises to be good…