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ADRE

BLDRS Emerging Markets 50 ADR Index Fund

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Summary

The investment seeks to provide investment results that correspond generally, before fees and expenses, to the price and yield performance of the Bank of New York Mellon Emerging Markets 50 ADR Index. The fund typically invests substantially all of its assets in the securities that make up the index. The index is intended to give investors a benchmark for tracking the price and yield performance of Emerging Markets Depositary Receipts. the fund is non-diversified.

Market Cap: 185 Million

Primary Exchange: NASDAQ Global Market

Website: http://www.invescopowershares.com

Shares Outstanding: 3.85 Million

Float: 3.85 Million

Dividend: 0.4158 (0.87%)

Beta: 1.168884

Sector:

Industry:

Short Interest (Jan 15, 2013): 1.76 Thousand

Ethical Flags

Longest drawdown: 839 trading days

From: 2014-09-03 To: 2018-01-02

Lowest Point:

Chart Of The Week: EM Equity Sentiment Tumbles (Contrarian Bulls Take Note)

via: SeekingAlpha at 2018-12-10 14:20:59:000

Emerging market equities have taken a solid beating this year, down more than 20% from the top (depending on which index you look at). With this poor performance has come a change in heart by investors who have gone from extreme optimism to now increasingly pessimistic. The chart comes from … read more...

Emerging-market ETFs pull in over $1B as global markets droop

via: SeekingAlpha at 2018-12-10 13:29:03:000

More than $1B flowed into U.S.-listed exchange-traded funds holding emerging-market assets last week as the main emerging market stocks index slipped more than 1% amid continuing U.S.-China trade drama. More news on: Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets … read more...

Best And Worst Q4 2018: All Cap Blend ETFs And Mutual Funds

via: SeekingAlpha at 2018-12-10 12:09:10:000

The All Cap Blend style ranks third out of the twelve fund styles as detailed in our Q4'18 Style Ratings for ETFs and Mutual Funds report. Last quarter , the All Cap Blend style ranked third as well. It gets our Attractive rating, which is based on an aggregation of ratings of 112 ETFs and … read more...

Emerging-market rallies are more likely in early 2019: Goldman economist

via: SeekingAlpha at 2018-12-07 15:19:50:000

Emerging-market rallies are more likely early next year than later in the year as more attention turns to a possible U.S. downturn, says Goldman Sachs's Alberto Ramos, the bank's chief Latin American economist, tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE… read more...

Emerging-market rallies are more likely in early 2019: Goldman economist

via: SeekingAlpha at 2018-12-07 15:19:50:000

Emerging-market rallies are more likely early next year than later in the year as more attention turns to a possible U.S. downturn, says Goldman Sachs's Alberto Ramos, the bank's chief Latin American economist, tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE… read more...

Emerging-market rallies are more likely in early 2019: Goldman economist

via: SeekingAlpha at 2018-12-07 15:19:50:000

Emerging-market rallies are more likely early next year than later in the year as more attention turns to a possible U.S. downturn, says Goldman Sachs's Alberto Ramos, the bank's chief Latin American economist, tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE… read more...

Emerging Markets: Vulnerable To External Factors?

via: SeekingAlpha at 2018-12-06 13:08:10:000

The combination of trade tensions, U.S. rate hikes and weaker global trade growth has weighed on emerging markets ((EM)) this year. EM countries remain condition-takers and are often susceptible to external factors, such as moves in the U.S. dollar. Most EM currencies have moved broadly in l… read more...

The Impact Of U.S. Policy On Emerging Markets: Chinese Trade Strategy Turns Toward Neighbors

via: SeekingAlpha at 2018-12-05 06:14:37:000

By Chetan Sehgal, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Emerging markets have felt the backlash of investor sentiment amid the continuing trade spat between the United States and China, that escalated for months before a rec… read more...

Emerging Markets - Still Adding To The Asset Class

via: SeekingAlpha at 2018-11-30 00:54:26:000

Not one but two charts this week caught the eye, the first being the bottom chart which shows "relative P/E's" of the US vs. Emerging Markets, from JPMorgan. Not being a big fan of the "relative" valuation metrics, since during the late 1990s Tech and large cap growth explosion, analysts would… read more...

Emerging Markets - Still Adding To The Asset Class

via: SeekingAlpha at 2018-11-30 00:54:26:000

Not one but two charts this week caught the eye, the first being the bottom chart which shows "relative P/E's" of the US vs. Emerging Markets, from JPMorgan. Not being a big fan of the "relative" valuation metrics, since during the late 1990s Tech and large cap growth explosion, analysts would… read more...

Emerging Markets - Still Adding To The Asset Class

via: SeekingAlpha at 2018-11-30 00:54:26:000

Not one but two charts this week caught the eye, the first being the bottom chart which shows "relative P/E's" of the US vs. Emerging Markets, from JPMorgan. Not being a big fan of the "relative" valuation metrics, since during the late 1990s Tech and large cap growth explosion, analysts would… read more...

Emerging Markets - Still Adding To The Asset Class

via: SeekingAlpha at 2018-11-30 00:54:26:000

Not one but two charts this week caught the eye, the first being the bottom chart which shows "relative P/E's" of the US vs. Emerging Markets, from JPMorgan. Not being a big fan of the "relative" valuation metrics, since during the late 1990s Tech and large cap growth explosion, analysts would… read more...

Emerging Markets - Still Adding To The Asset Class

via: SeekingAlpha at 2018-11-30 00:54:26:000

Not one but two charts this week caught the eye, the first being the bottom chart which shows "relative P/E's" of the US vs. Emerging Markets, from JPMorgan. Not being a big fan of the "relative" valuation metrics, since during the late 1990s Tech and large cap growth explosion, analysts would… read more...

Emerging markets gain as Powell waves white flag

via: SeekingAlpha at 2018-11-28 12:18:03:000

Federal Reserve Chairman Jay Powell in October helped send markets on a multi-week reel when he said the Fed Funds rate was still a long way from Neutral. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global new… read more...

Emerging markets gain as Powell waves white flag

via: SeekingAlpha at 2018-11-28 12:18:03:000

Federal Reserve Chairman Jay Powell in October helped send markets on a multi-week reel when he said the Fed Funds rate was still a long way from Neutral. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global new… read more...

Venture Forth In Emerging Markets, But Be Cautious On Funding Risks

via: SeekingAlpha at 2018-11-18 09:29:56:000

By Rashique Rahman, Head of Emerging Markets on Nov. 14, 2018, in Fixed Income A tightening of financial conditions, led by US Federal Reserve (Fed) rate hikes and an appreciating US dollar, have pressured emerging market ((EM)) assets so far this year. However, Invesco Fixed Inc… read more...

Venture Forth In Emerging Markets, But Be Cautious On Funding Risks

via: SeekingAlpha at 2018-11-18 09:29:56:000

By Rashique Rahman, Head of Emerging Markets on Nov. 14, 2018, in Fixed Income A tightening of financial conditions, led by US Federal Reserve (Fed) rate hikes and an appreciating US dollar, have pressured emerging market ((EM)) assets so far this year. However, Invesco Fixed Inc… read more...

Venture Forth In Emerging Markets, But Be Cautious On Funding Risks

via: SeekingAlpha at 2018-11-18 09:29:56:000

By Rashique Rahman, Head of Emerging Markets on Nov. 14, 2018, in Fixed Income A tightening of financial conditions, led by US Federal Reserve (Fed) rate hikes and an appreciating US dollar, have pressured emerging market ((EM)) assets so far this year. However, Invesco Fixed Inc… read more...

October Market Recap And Outlook: A Sea Of Opportunities

via: SeekingAlpha at 2018-11-16 03:02:28:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Emerging markets continued to struggle in October amid an environment … read more...

October Market Recap And Outlook: A Sea Of Opportunities

via: SeekingAlpha at 2018-11-16 03:02:28:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Emerging markets continued to struggle in October amid an environment … read more...

Have We Reached The EM Inflection Point?

via: SeekingAlpha at 2018-11-16 01:47:32:000

By Joseph Tenaglia, CFA, Asset Allocation Strategist Following a long wait, 2017 was the year that being a globally diversified investor finally seemed to pay off. The MSCI ACWI ex USA Index beat the S&P 500 by more than 500 basis points (bps), outperforming for the first time since 20… read more...

Have We Reached The EM Inflection Point?

via: SeekingAlpha at 2018-11-16 01:47:32:000

By Joseph Tenaglia, CFA, Asset Allocation Strategist Following a long wait, 2017 was the year that being a globally diversified investor finally seemed to pay off. The MSCI ACWI ex USA Index beat the S&P 500 by more than 500 basis points (bps), outperforming for the first time since 20… read more...

Weekly Edge: Emerging Markets Are Back In Vogue

via: SeekingAlpha at 2018-11-15 14:27:07:000

By Troy Tanzy Investors, seeking harbor from volatility in domestic markets, have begun fleeing to emerging-market stocks, an asset class that has been beaten up and shunned for most of 2018. Domestic market and economic strength in early 2018 incentivized investors to purchase stocks in… read more...

Looking For The Elusive Silver Lining

via: SeekingAlpha at 2018-11-15 04:25:50:000

By Stephen Innes Markets U.S. stocks fell for a fifth straight day as investors remain bewildered by the political ping-pong match around Brexit. More questions about NAFTA 2 while trade jitter has everyone on edge as the doomy global economic growth narrative continues to take root. O… read more...

Emerging Markets: Sub-Saharan Africa Feels Strain At Start Of Fourth Quarter

via: SeekingAlpha at 2018-11-14 06:20:42:000

Sub-Saharan African economies have seen growth slow in recent months, with some seeing business conditions deteriorate in October as the region suffers in common with other emerging markets. Last month, we introduced a new series of notes on emerging markets , which began by looking at some… read more...

Finding Value Among Stretched U.S. Valuations, Market Dislocations

via: SeekingAlpha at 2018-11-13 03:21:19:000

By Antonio (Tony) Docal, CFA, Deputy Director of Research, Templeton Global Equity Group; Alan Chua, CFA, Executive Vice President, Portfolio Manager and Research Analyst, Templeton Global Equity Group; Peter A. Nori, CFA, Executive Vice President, Portfolio Manager and Research A… read more...

Why Emerging Markets Could Be The Winners Of The US Gridlock

via: SeekingAlpha at 2018-11-08 08:57:38:000

The US mid-term elections held on Tuesday 6 November saw the Democrats winning their first majority in the House of Representatives in eight years and Republicans maintaining the majority at Senate. These results were in line with expectations. The incoming gridlock in Washington D.C. could ha… read more...

Why Emerging Markets Could Be The Winners Of The US Gridlock

via: SeekingAlpha at 2018-11-08 08:57:38:000

The US mid-term elections held on Tuesday 6 November saw the Democrats winning their first majority in the House of Representatives in eight years and Republicans maintaining the majority at Senate. These results were in line with expectations. The incoming gridlock in Washington D.C. could ha… read more...

Why Emerging Markets Could Be The Winners Of The US Gridlock

via: SeekingAlpha at 2018-11-08 08:57:38:000

The US mid-term elections held on Tuesday 6 November saw the Democrats winning their first majority in the House of Representatives in eight years and Republicans maintaining the majority at Senate. These results were in line with expectations. The incoming gridlock in Washington D.C. could ha… read more...

Video: Top 5 Charts Of The Week - Oil, Equities, Emerging Markets

via: SeekingAlpha at 2018-11-08 02:35:38:000

In this video we run through the free weekly email newsletter " The Top 5 Charts of the Week " and add a bit of extra comments and context. It's a useful tour across some of our latest work and thinking and just a great selection of global macro/market charts. This week we look at the fol… read more...

Video: Top 5 Charts Of The Week - Oil, Equities, Emerging Markets

via: SeekingAlpha at 2018-11-08 02:35:38:000

In this video we run through the free weekly email newsletter " The Top 5 Charts of the Week " and add a bit of extra comments and context. It's a useful tour across some of our latest work and thinking and just a great selection of global macro/market charts. This week we look at the fol… read more...

Video: Top 5 Charts Of The Week - Oil, Equities, Emerging Markets

via: SeekingAlpha at 2018-11-08 02:35:38:000

In this video we run through the free weekly email newsletter " The Top 5 Charts of the Week " and add a bit of extra comments and context. It's a useful tour across some of our latest work and thinking and just a great selection of global macro/market charts. This week we look at the fol… read more...

Economic Policy In An Environment Of Growing Uncertainty

via: SeekingAlpha at 2018-11-06 23:59:03:000

Market overview Its been three years since the Fed started tightening monetary policy in 2015. Since then, they have also introduced the strategy to start reducing the size of their balance sheet. The European Central Bank and the Bank of Japan are many steps behind the Fed in their … read more...

Why Are 77% Of Global Assets In The Red In 2018? It's Simple

via: SeekingAlpha at 2018-11-06 12:04:29:000

As America goes to the polls and analysts begrudgingly churn out the obligatory deluge of midterm election projections, I thought I'd offer readers what I'm reasonably sure will be a welcome reprieve from the incessant flow of articles documenting how various asset classes have performed under… read more...

Rebalancing EM Small Caps During Volatile Markets

via: SeekingAlpha at 2018-11-06 04:45:39:000

By Ben Tan, Quantitative Research Analyst As global trade disputes between the two largest economies continue to escalate, volatility has once again become a fact of global markets, as seen in the VIX spiking above 25 1 . Perhaps due to their sensitivity to trade (and concentration in Chin… read more...

Chart Of The Week: Equity Risk Premium - EM Is Cheap Again

via: SeekingAlpha at 2018-11-05 16:43:29:000

It's been a tough year for emerging markets as a perfect storm of political risk, a stronger US dollar, and slowing China growth have combined to knock them off a pedestal of previous solid performance. But for contrarians this is where it gets interesting, and where it gets really interesting… read more...

Emerging Markets: An Opportunity?

via: SeekingAlpha at 2018-10-30 10:56:42:000

For a period of time this year, the U.S. equity market avoided the weakness that was occurring in many other equity markets around the world. October has certainly changed this though. As can be seen below, the S&P 500 Index is in correction territory now, i.e., down greater than 10% from … read more...

Emerging Markets: An Opportunity?

via: SeekingAlpha at 2018-10-30 10:56:42:000

For a period of time this year, the U.S. equity market avoided the weakness that was occurring in many other equity markets around the world. October has certainly changed this though. As can be seen below, the S&P 500 Index is in correction territory now, i.e., down greater than 10% from … read more...

Emerging Markets: An Opportunity?

via: SeekingAlpha at 2018-10-30 10:56:42:000

For a period of time this year, the U.S. equity market avoided the weakness that was occurring in many other equity markets around the world. October has certainly changed this though. As can be seen below, the S&P 500 Index is in correction territory now, i.e., down greater than 10% from … read more...

Beyond Passive: Which Emerging Markets Are Distinguishing Themselves In This Volatile Environment?

via: SeekingAlpha at 2018-10-29 02:11:59:000

Hosted by Anindya Chatterjee, Senior Vice President and Lead Portfolio Manager, Emerging Markets Read more … read more...

Today's Seismic Shifts And Their Impacts

via: SeekingAlpha at 2018-10-26 11:10:13:000

By Joseph V. Amato, President and Chief Investment Officer-Equities; & Erik L. Knutzen, CFA, CAIA, Chief Investment Officer-Multi-Asset Class A decade after the financial crisis, four key trends are helping to fashion the investment landscape for the next 10 years. The world is u… read more...

Today's Seismic Shifts And Their Impacts

via: SeekingAlpha at 2018-10-26 11:10:13:000

By Joseph V. Amato, President and Chief Investment Officer-Equities; & Erik L. Knutzen, CFA, CAIA, Chief Investment Officer-Multi-Asset Class A decade after the financial crisis, four key trends are helping to fashion the investment landscape for the next 10 years. The world is u… read more...

Today's Seismic Shifts And Their Impacts

via: SeekingAlpha at 2018-10-26 11:10:13:000

By Joseph V. Amato, President and Chief Investment Officer-Equities; & Erik L. Knutzen, CFA, CAIA, Chief Investment Officer-Multi-Asset Class A decade after the financial crisis, four key trends are helping to fashion the investment landscape for the next 10 years. The world is u… read more...

Stock Market Sell-Off: The Sequel

via: SeekingAlpha at 2018-10-26 10:05:27:000

By Kristina Hooper, Chief Global Market Strategist, and Arnab Das, Global Market Strategist, EMEA , on Oct 24, 2018, in Market & Economic For the second time in two weeks, global markets suffered a significant drop. Why? And what could come next? After a pause in which stocks pa… read more...

Stock Market Sell-Off: The Sequel

via: SeekingAlpha at 2018-10-26 10:05:27:000

By Kristina Hooper, Chief Global Market Strategist, and Arnab Das, Global Market Strategist, EMEA , on Oct 24, 2018, in Market & Economic For the second time in two weeks, global markets suffered a significant drop. Why? And what could come next? After a pause in which stocks pa… read more...

Stock Market Sell-Off: The Sequel

via: SeekingAlpha at 2018-10-26 10:05:27:000

By Kristina Hooper, Chief Global Market Strategist, and Arnab Das, Global Market Strategist, EMEA , on Oct 24, 2018, in Market & Economic For the second time in two weeks, global markets suffered a significant drop. Why? And what could come next? After a pause in which stocks pa… read more...

3 Reasons To Reconsider Emerging Markets

via: SeekingAlpha at 2018-10-24 13:54:25:000

Posted by Nick Kalivas, Senior Equity Product Strategist on Oct 23, 2018, in Exchange-Traded Funds While EM has lagged overall in 2018, some EM factors did outperform. The numbers don't lie - emerging equity markets (EMs) have dramatically lagged US equities in 2018 as shown … read more...

3 Reasons To Reconsider Emerging Markets

via: SeekingAlpha at 2018-10-24 13:54:25:000

Posted by Nick Kalivas, Senior Equity Product Strategist on Oct 23, 2018, in Exchange-Traded Funds While EM has lagged overall in 2018, some EM factors did outperform. The numbers don't lie - emerging equity markets (EMs) have dramatically lagged US equities in 2018 as shown … read more...

A Global Macro Perspective: Populism, Trade, And Emerging-Market Volatility

via: SeekingAlpha at 2018-10-24 12:02:16:000

By Michael Hasenstab, Ph.D. Executive Vice President, Chief Investment Officer, Templeton Global Macro And Calvin Ho, Ph.D. Vice President, Deputy Director of Research, Templeton Global Macro Templeton Global Macro Chief Investment Officer Dr. Michael Hasenstab and Vice President and Depu… read more...

A Global Macro Perspective: Populism, Trade, And Emerging-Market Volatility

via: SeekingAlpha at 2018-10-24 12:02:16:000

By Michael Hasenstab, Ph.D. Executive Vice President, Chief Investment Officer, Templeton Global Macro And Calvin Ho, Ph.D. Vice President, Deputy Director of Research, Templeton Global Macro Templeton Global Macro Chief Investment Officer Dr. Michael Hasenstab and Vice President and Depu… read more...

Chart Of The Week: Death Watch

via: SeekingAlpha at 2018-10-24 00:39:46:000

One relatively obscure technical chart pattern, known ominously as the "death cross", has caught my attention recently. The reason is, if you look across the 70 countries we monitor, almost 80% of markets have seen this omen light up. So, what does it mean for global equities? This week's ch… read more...

Chart Of The Week: Death Watch

via: SeekingAlpha at 2018-10-24 00:39:46:000

One relatively obscure technical chart pattern, known ominously as the "death cross", has caught my attention recently. The reason is, if you look across the 70 countries we monitor, almost 80% of markets have seen this omen light up. So, what does it mean for global equities? This week's ch… read more...

Discussing Asia And The Panic In Emerging Markets

via: SeekingAlpha at 2018-10-23 10:30:59:000

By Jeremy Schwartz, CFA, Director of Research Last week's "Behind the Markets" podcast highlighted two of the more beaten-down regions on a pure asset price and valuation basis today: Japan and emerging markets. The overlap between the two is that Japan, in local currency terms, trades wit… read more...

Emerging Markets 3rd Quarter Commentary

via: SeekingAlpha at 2018-10-23 01:45:00:000

Originally published October 10, 2018 In this commentary, Anindya Chatterjee, lead Portfolio Manager of the Emerging Markets Strategy, reviews performance for the most recent quarter and provides an outlook for the months Read more … read more...

Emerging/Submerging Markets And Non-U.S.: Signs Of Life?

via: SeekingAlpha at 2018-10-22 14:29:49:000

Bespoke - in their weekly Research Report - published every Friday night, had a great graph on what could be a potential bottoming in emerging markets the last few weeks. This blog has written previously about emerging markets and non-US ( here and here , and here ). Brazil (EWZ) was neve… read more...

Markets Stop Panicking When Central Banks Panic

via: SeekingAlpha at 2018-10-20 09:04:18:000

In the following Q&A, Portfolio Manager David Semple explores the challenges that emerging markets faced in Q3, as well as the resulting volatility and, in our opinion, overreaction. David, a general note on 2018? We entered 2018 with much optimism about the strength of the fundament… read more...

Markets Stop Panicking When Central Banks Panic

via: SeekingAlpha at 2018-10-20 09:04:18:000

In the following Q&A, Portfolio Manager David Semple explores the challenges that emerging markets faced in Q3, as well as the resulting volatility and, in our opinion, overreaction. David, a general note on 2018? We entered 2018 with much optimism about the strength of the fundament… read more...

Emerging Markets Are Still A Problem

via: SeekingAlpha at 2018-10-19 12:34:49:000

This weeks short-covering rally on Wall Street came to an abrupt halt on Thursday as a revival of concerns over Chinas economic outlook stimulated selling pressure. In todays report, well examine the factors behind the latest U.S. equity market weakness and see … read more...

Exposure To Emerging Markets With Lower Risk? Think About Europe

via: SeekingAlpha at 2018-10-19 09:21:04:000

By Christopher Gannatti 2018 has been a challenging year for emerging market equities, coming on the back of 2017, which was quite strong. Some observations on the current environment: Year to date, emerging market equities are down 8.8% in U.S.-dollar terms. Nearly 5% of this cumulati… read more...

Reprieve In Emerging Markets May Be Nearly Over

via: SeekingAlpha at 2018-10-18 12:40:30:000

We identified three forces that have undermined emerging markets as an asset class: The US policy mix, which results in upward pressure on the dollar and interest rates, competes with other capital importers. This coupled with the second force, the rise in oil prices (which to some exten… read more...

Market Review - Q3 2018

via: SeekingAlpha at 2018-10-18 04:30:00:000

Read more … read more...

Disruption Is Changing The Emerging Market Consumer Growth Story

via: SeekingAlpha at 2018-10-16 00:01:43:000

By Andrew Mathewson and Divya Mathur, Portfolio Managers, Global Emerging Markets, Martin Currie For investors in emerging markets ((EM)), long-term demographic trends of increasing working-age populations, rapid urbanisation and a rising middle class are well understood and e… read more...

Disruption Is Changing The Emerging Market Consumer Growth Story

via: SeekingAlpha at 2018-10-16 00:01:43:000

By Andrew Mathewson and Divya Mathur, Portfolio Managers, Global Emerging Markets, Martin Currie For investors in emerging markets ((EM)), long-term demographic trends of increasing working-age populations, rapid urbanisation and a rising middle class are well understood and e… read more...

What Is Happening To Global Equities?

via: SeekingAlpha at 2018-10-15 19:43:57:000

The decline in the global equity market is the most serious since the February and March spill. In this Great Graphic , t he white line is the S&P 500. With the setback, it is up a little more than 8% for the year. It managed to recover fully from the sell-off earlier in the ye… read more...

I Spy, Volatility!

via: SeekingAlpha at 2018-10-15 04:10:00:000

Read more … read more...

Hasenstab: Focus On Fundamentals In U.S., Emerging Markets

via: SeekingAlpha at 2018-10-14 10:28:41:000

By Michael Hasenstab, Ph.D., Executive Vice President, Chief Investment Officer, Templeton Global Macro In this video, Templeton Global Macro CIO Michael Hasenstab shares his thoughts on why he thinks US Treasury yields have moved higher. He also gives his take on recent weakness in emergi… read more...

Not All Emerging Markets Are Equal

via: SeekingAlpha at 2018-10-12 04:34:08:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Trade talks, country-specific concerns and a stronger US dollar creat… read more...

Not All Emerging Markets Are Equal

via: SeekingAlpha at 2018-10-12 04:34:08:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Trade talks, country-specific concerns and a stronger US dollar creat… read more...

IMF Concerned About Problems In Developing World Markets

via: SeekingAlpha at 2018-10-11 22:09:18:000

Christine Lagarde, head of the International Monetary Fund ((IMF)), has been issuing warnings this week about the potential troubles looming in emerging market nations. Ms. Lagardes comments about the situation have grown more dramatic over recent weeks. She said on Wednesday, &#x2… read more...

IMF Concerned About Problems In Developing World Markets

via: SeekingAlpha at 2018-10-11 22:09:18:000

Christine Lagarde, head of the International Monetary Fund ((IMF)), has been issuing warnings this week about the potential troubles looming in emerging market nations. Ms. Lagardes comments about the situation have grown more dramatic over recent weeks. She said on Wednesday, &#x2… read more...

India: Wake Up And Smell The Chai

via: SeekingAlpha at 2018-10-11 05:47:38:000

India runs on chai just as America runs on Dunkin, which incidentally also has a Dunkin Chai to offer in India. Who would have thought a few years ago that a chai caf revolution was in the making with organized retail shops like Chai Point, Chaayos, Chai Thela, Tea Trails, Coffee Caf&#xE… read more...

DoubleLine Global Bond Webcast Slides: Navigating Global Cross Currents; The Rise Of Populism In The Developed World

via: SeekingAlpha at 2018-10-10 20:07:00:000

Original Post By Jacob Wolinsky DoubleLine Global Bond webcast slides for the month of October 2018, titled, "Navigating Global Cross Currents Navigating Global Cross Currents." TAB I - Today's Cross-Currents The Rise of Populism in the Developed World (Source: DB Research) … read more...

Have Emerging Markets Reached An Inflection Point?

via: SeekingAlpha at 2018-10-10 05:57:46:000

By Robert Carnell, Chief Economist Head of Research, Asia-Pacific This was one of the many questions we asked the attendees of the Emerging Markets Traders Association meetings in Hong Kong and Singapore. Although there was some divergence in responses - both panels were cautious after … read more...

How Low Can Emerging Markets Go?

via: SeekingAlpha at 2018-10-09 18:57:09:000

By Sharon Fay Emerging market ((EM)) stocks fell in the third quarter and continued to diverge sharply from developed-market equities. While it may be too soon to buy into the weakness, investors should watch for signs that could herald a quick rebound. US, European, and Japanese stocks … read more...

The GERM Report

via: SeekingAlpha at 2018-10-08 12:38:38:000

Risk level: Orange - High RED: Severe (+/- 4%) ORANGE: High (+/- 2%) YELLOW: Elevated (+/- 1%) BLUE: Guarded (+/- %) The Booster Shot "If America wants stability, it will have to create it." Without a hegemonic power to lead the way, chaos ensues. Volatility in the… read more...

The GERM Report

via: SeekingAlpha at 2018-10-08 12:38:38:000

Risk level: Orange - High RED: Severe (+/- 4%) ORANGE: High (+/- 2%) YELLOW: Elevated (+/- 1%) BLUE: Guarded (+/- %) The Booster Shot "If America wants stability, it will have to create it." Without a hegemonic power to lead the way, chaos ensues. Volatility in the… read more...

Our Market Views For The Fourth Quarter

via: SeekingAlpha at 2018-10-07 06:32:51:000

Richard explains our updated equity and fixed income views for the last quarter of 2018, including why we like emerging market ((EM)) stocks and selected hard-currency EM debt. The three themes from our midyear investment outlook still ring true as the fourth quarter of 2018 kicks off: a… read more...

How The U.S. Will Soar From The Emerging Market Meltdown

via: SeekingAlpha at 2018-10-05 18:00:17:000

"It is just not credible that the United States can remain an oasis of prosperity unaffected by a world that is experiencing greatly increased stress." Sound Familiar? It was Greenspan back on 4 September 1998 , when the United States economy was quite robust while the Asian Financial Crisis … read more...

How The U.S. Will Soar From The Emerging Market Meltdown

via: SeekingAlpha at 2018-10-05 18:00:17:000

"It is just not credible that the United States can remain an oasis of prosperity unaffected by a world that is experiencing greatly increased stress." Sound Familiar? It was Greenspan back on 4 September 1998 , when the United States economy was quite robust while the Asian Financial Crisis … read more...

4 Reasons Why We Think Emerging Market Fears Are Overblown

via: SeekingAlpha at 2018-10-04 05:40:35:000

A confluence of factors has caused investor sentiment to sour on emerging markets recently, including global trade tensions, a rising US dollar and idiosyncratic issues in Turkey and Argentina. While some of the headlines may seem disconcerting, they don't tell the whole story, according to … read more...

Stocks, Oil, SWFs And Algos: A Quick Take

via: SeekingAlpha at 2018-10-03 23:31:12:000

On Tuesday, I penned something for this platform called " It's The Oil Stupid ", which actually garnered quite a bit more in the way of interest than I expected. The point of that post was simply to highlight some recent commentary from JPMorgan's Nikolaos Panigirtzoglou, who has variously s… read more...

Cool Video: Bloomberg Clip From Discussion On Emerging Markets

via: SeekingAlpha at 2018-10-03 08:13:34:000

In my first television appearance since joining Bannockburn Global Forex, I joined Tom Keene and Francine Lacqua on the Bloomberg set. In this nearly 2.5 min clip , we talk about the Indonesia rupiah and the dollar's move above the IDR15,000 level for the first time since the 1997-1998 A… read more...

The Prospects For Emerging Markets

via: SeekingAlpha at 2018-10-01 23:10:57:000

Key points We see room for a further recovery in emerging market ((EM)) assets, particularly equities, after an unexpectedly prolonged selloff. The Fed raised rates last week, and Italy released a draft budget that was more expansionary than expected. Brent crude hit a four-year high. … read more...

Turning Point?

via: SeekingAlpha at 2018-10-01 10:39:29:000

You'd be forgiven for pondering whether now is an opportune time to buy the dip in emerging market assets and ex-U.S. assets more generally. Even the Wall Street Journal has picked up on the "divergence" narrative. On Monday, the paper ran a feature story called " U.S. Stocks Widen Lead Ove… read more...

The Fed, The Yield Curve And The Outlook For Emerging Markets

via: SeekingAlpha at 2018-09-28 12:41:50:000

Markets & Money Advisory Founder and CEO Lars Christensen comments on the Fed rate decision, the risk of a yield curve inversion, and the implications for global emerging markets. See the presentation Read more … read more...

The Fed, The Yield Curve And The Outlook For Emerging Markets

via: SeekingAlpha at 2018-09-28 12:41:50:000

Markets & Money Advisory Founder and CEO Lars Christensen comments on the Fed rate decision, the risk of a yield curve inversion, and the implications for global emerging markets. See the presentation Read more … read more...

The Fed, The Yield Curve And The Outlook For Emerging Markets

via: SeekingAlpha at 2018-09-28 12:41:50:000

Markets & Money Advisory Founder and CEO Lars Christensen comments on the Fed rate decision, the risk of a yield curve inversion, and the implications for global emerging markets. See the presentation Read more … read more...

After The Fall: How Significant Is The EM Equities Discount?

via: SeekingAlpha at 2018-09-28 03:55:40:000

By Philip Lawlor, Managing Director, Global Markets Research Following the recent emerging markets weakness , driven by dollar strength, tighter financial conditions in the US and, in some cases, domestic politics, market watchers are looking at EM assets again. The chart below shows th… read more...

After The Fall: How Significant Is The EM Equities Discount?

via: SeekingAlpha at 2018-09-28 03:55:40:000

By Philip Lawlor, Managing Director, Global Markets Research Following the recent emerging markets weakness , driven by dollar strength, tighter financial conditions in the US and, in some cases, domestic politics, market watchers are looking at EM assets again. The chart below shows th… read more...

After The Fall: How Significant Is The EM Equities Discount?

via: SeekingAlpha at 2018-09-28 03:55:40:000

By Philip Lawlor, Managing Director, Global Markets Research Following the recent emerging markets weakness , driven by dollar strength, tighter financial conditions in the US and, in some cases, domestic politics, market watchers are looking at EM assets again. The chart below shows th… read more...

Investors Eye Emerging-Market Corporate Zombie Debt Spreads And Their Exposed E.U. Bankers

via: SeekingAlpha at 2018-09-26 17:30:30:000

There is a second banking crisis looming in the EU as the Emerging Market turmoil washes ashore to where much of their burdensome debt originated. Like the PIGS (Portugal, Italy, Greece & Spain) and Cyprus in the first EU banking crisis of the earlier part of this decade the problem stems … read more...

Investors Eye Emerging-Market Corporate Zombie Debt Spreads And Their Exposed E.U. Bankers

via: SeekingAlpha at 2018-09-26 17:30:30:000

There is a second banking crisis looming in the EU as the Emerging Market turmoil washes ashore to where much of their burdensome debt originated. Like the PIGS (Portugal, Italy, Greece & Spain) and Cyprus in the first EU banking crisis of the earlier part of this decade the problem stems … read more...

Emerging Markets' Lost (Near) Decade

via: SeekingAlpha at 2018-09-26 05:57:14:000

Investors may be ready to abandon emerging markets, but as Russ discusses, the potential is there for a sizeable rebound. U.S. technology is once again ascendant. Since the fall of 2016, the S&P 500 Technology Sector Index is up nearly 70%; the tech sector now accounts for more than 25… read more...

Emerging Markets' Lost (Near) Decade

via: SeekingAlpha at 2018-09-26 05:57:14:000

Investors may be ready to abandon emerging markets, but as Russ discusses, the potential is there for a sizeable rebound. U.S. technology is once again ascendant. Since the fall of 2016, the S&P 500 Technology Sector Index is up nearly 70%; the tech sector now accounts for more than 25… read more...

The Surprising All-Time Highs For U.S. Stocks

via: SeekingAlpha at 2018-09-25 06:16:50:000

If I had to guess earlier this summer, I would have not guessed that most major U.S. stock indexes would have made fresh all-time highs before any concrete results in the trade negotiations with China were evident. In fact, we have seen fresh all-time highs in both the Dow Jones Industrial Ave… read more...

Morgan Stanley upgrades EM currencies as U.S. stock stay strong

via: SeekingAlpha at 2018-09-24 16:08:34:000

Morgan Stanley strategists raised their rating on emerging-market currencies and bonds to neutral from negative, partly because their view of global risks isn't as bad as their earlier outlook, MarketWatch reports. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging M… read more...

Non U.S. And Rest Of World - How Much Downside Is Left ?

via: SeekingAlpha at 2018-09-23 23:50:13:000

The above chart is a weekly UUP chart, named as a "dollar bull" vehicle, for which the primary contract holdings are found in the link. Tied primarily to the euro and the yen, the UUP rallies when these two primary currencies are weak, and declines when the two currencies see relative streng… read more...

Is It Really Time To Be 'Un-American' With Your Stock Allocation? That Depends

via: SeekingAlpha at 2018-09-22 15:10:36:000

It's a lazy Saturday here on the island where I've chosen to live a life of blissful isolation. Tourist season is over, which means that for the next six months, reality here will approximate a state of suspended animation. Residents will float around aimlessly, seasonal businesses will clos… read more...

Is It Really Time To Be 'Un-American' With Your Stock Allocation? That Depends

via: SeekingAlpha at 2018-09-22 15:10:36:000

It's a lazy Saturday here on the island where I've chosen to live a life of blissful isolation. Tourist season is over, which means that for the next six months, reality here will approximate a state of suspended animation. Residents will float around aimlessly, seasonal businesses will clos… read more...

The 'Convergence Trade' Cometh

via: SeekingAlpha at 2018-09-22 01:46:24:000

This was it: The week of the convergence trade. Back on August 22, in " Marko Kolanovic's Risk-On Call And Why Bulls Should Hope For A Weaker Dollar ", I highlighted what JPMorgan dubbed an "unprecedented" divergence between U.S. stocks and the rest of the world. The overarching point was … read more...

The 'Convergence Trade' Cometh

via: SeekingAlpha at 2018-09-22 01:46:24:000

This was it: The week of the convergence trade. Back on August 22, in " Marko Kolanovic's Risk-On Call And Why Bulls Should Hope For A Weaker Dollar ", I highlighted what JPMorgan dubbed an "unprecedented" divergence between U.S. stocks and the rest of the world. The overarching point was … read more...

Are Investors Pessimistic Enough About Emerging Markets?

via: SeekingAlpha at 2018-09-20 09:35:06:000

Editor's note: Seeking Alpha is proud to welcome L. Myron Clark as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more Emerging m… read more...

Are Investors Pessimistic Enough About Emerging Markets?

via: SeekingAlpha at 2018-09-20 09:35:06:000

Editor's note: Seeking Alpha is proud to welcome L. Myron Clark as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more Emerging m… read more...

Is The EM Sell-Off Running Out Of Steam?

via: SeekingAlpha at 2018-09-20 03:33:29:000

By Robert Carnell, Chief Economist Head of Research, Asia-Pacific EM currencies have stabilized over the last couple of weeks, and local currency bond yields have retreated from their highs. Has this sell-off ended, or is it merely marking time? Tariff announcements no longer movin… read more...

Is The EM Sell-Off Running Out Of Steam?

via: SeekingAlpha at 2018-09-20 03:33:29:000

By Robert Carnell, Chief Economist Head of Research, Asia-Pacific EM currencies have stabilized over the last couple of weeks, and local currency bond yields have retreated from their highs. Has this sell-off ended, or is it merely marking time? Tariff announcements no longer movin… read more...

August Recap And Outlook: Finding Opportunities In Volatility

via: SeekingAlpha at 2018-09-18 02:03:14:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity; Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Market volatility marked the month of August, with sharp declines in the T… read more...

August Recap And Outlook: Finding Opportunities In Volatility

via: SeekingAlpha at 2018-09-18 02:03:14:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity; Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Market volatility marked the month of August, with sharp declines in the T… read more...

Flight Risk

via: SeekingAlpha at 2018-09-17 10:22:11:000

With inflows drying up and possibly continuing to do so as the rates cycle between US and Europe pushes money out of the latter, liquidity will likely become more challenging. That's from a BofAML note dated September 12 and it alludes to the same dynamic I described over the weekend in a … read more...

Chart Of The Week: EM Equities Getting Cheaper

via: SeekingAlpha at 2018-09-17 07:46:50:000

If you only watched the S&P 500 you could be forgiven for missing the bear market in emerging market equities ( EEM ). The silver lining to this pain in EM equities has been a reduction in valuations. The chart comes from an intensive look at EM equity valuations and investor sentiment … read more...

'I Drink Your Milkshake'

via: SeekingAlpha at 2018-09-16 11:28:28:000

Despite my best efforts to explain that the stark divergence between U.S. stocks and the rest of the world need not necessarily resolve itself by the S&P ( SPY ) catching down to, for instance, emerging market stocks ( EEM ), there seems to be a bit of lingering confusion among my reader… read more...

Maybe You'll Listen If Jeff Gundlach Says It

via: SeekingAlpha at 2018-09-13 07:52:10:000

Let me just kick this off by delivering my boilerplate caveat when it comes to posts critiquing the prognostications of "name brand" money managers. This time it applies to Jeff Gundlach, but I've said something similar in previous posts about, for instance, Ray Dalio and Bill Gross. Gundlac… read more...

Maybe You'll Listen If Jeff Gundlach Says It

via: SeekingAlpha at 2018-09-13 07:52:10:000

Let me just kick this off by delivering my boilerplate caveat when it comes to posts critiquing the prognostications of "name brand" money managers. This time it applies to Jeff Gundlach, but I've said something similar in previous posts about, for instance, Ray Dalio and Bill Gross. Gundlac… read more...

Maybe You'll Listen If Jeff Gundlach Says It

via: SeekingAlpha at 2018-09-13 07:52:10:000

Let me just kick this off by delivering my boilerplate caveat when it comes to posts critiquing the prognostications of "name brand" money managers. This time it applies to Jeff Gundlach, but I've said something similar in previous posts about, for instance, Ray Dalio and Bill Gross. Gundlac… read more...

3 Charts On Emerging Vs. Developed Market Equity Allocations

via: SeekingAlpha at 2018-09-13 02:17:36:000

Emerging markets have taken a beating this year on the back of softer China growth, the trade wars, a stronger USD, and Fed tightening… along with a few idiosyncratic issues (Turkey, Argentina, et al). While I think EM still faces a number of headwinds in the short term, I wanted to highligh... read more...

3 Charts On Emerging Vs. Developed Market Equity Allocations

via: SeekingAlpha at 2018-09-13 02:17:36:000

Emerging markets have taken a beating this year on the back of softer China growth, the trade wars, a stronger USD, and Fed tightening… along with a few idiosyncratic issues (Turkey, Argentina, et al). While I think EM still faces a number of headwinds in the short term, I wanted to highligh... read more...

3 Charts On Emerging Vs. Developed Market Equity Allocations

via: SeekingAlpha at 2018-09-13 02:17:36:000

Emerging markets have taken a beating this year on the back of softer China growth, the trade wars, a stronger USD, and Fed tightening… along with a few idiosyncratic issues (Turkey, Argentina, et al). While I think EM still faces a number of headwinds in the short term, I wanted to highligh... read more...

Weekly Edge: Hong Kong Enters Bear Market

via: SeekingAlpha at 2018-09-13 01:48:45:000

By Troy Tanzy Co-authored by Daniel Rangel The Hang Seng Index ((HSI)) reached its lowest point in 2018 on Wednesday morning (9/12), pushing more than 20% below its peak on January 26. Trade-war fears, emerging-market contagion concerns, and the slowing down of China's economy all play… read more...

Weekly Edge: Hong Kong Enters Bear Market

via: SeekingAlpha at 2018-09-13 01:48:45:000

By Troy Tanzy Co-authored by Daniel Rangel The Hang Seng Index ((HSI)) reached its lowest point in 2018 on Wednesday morning (9/12), pushing more than 20% below its peak on January 26. Trade-war fears, emerging-market contagion concerns, and the slowing down of China's economy all play… read more...

Weekly Edge: Hong Kong Enters Bear Market

via: SeekingAlpha at 2018-09-13 01:48:45:000

By Troy Tanzy Co-authored by Daniel Rangel The Hang Seng Index ((HSI)) reached its lowest point in 2018 on Wednesday morning (9/12), pushing more than 20% below its peak on January 26. Trade-war fears, emerging-market contagion concerns, and the slowing down of China's economy all play… read more...

Trade Remains The Top Concern For Global Markets

via: SeekingAlpha at 2018-09-12 05:59:08:000

Posted by Kristina Hooper, Chief Global Market Strategist on Sep 10, 2018, in Market & Economic Weekly Market Compass: As the US talks trade with Canada and China, emerging markets feel the pressure. Every week I hope that there are no new trade developments, so that fo… read more...

Views On Emerging Markets Equity And Select EM Countries

via: SeekingAlpha at 2018-09-11 03:41:32:000

In light of the Turkish lira and Argentine peso currency drops, fears of emerging market ((EM)) contagion appear to be on the rise, and various EM currencies have been under pressure. Here, Franklin Templeton Emerging Markets Equity provides perspective on some of the impacted countries in th… read more...

Being Wrong

via: SeekingAlpha at 2018-09-11 02:48:32:000

The brilliant Peter Bernstein (author, historian, and economist) once wrote: After 28 years at this post and 22 years before this in money management, I can sum up whatever wisdom I have accumulated this way: the trick is not to be the hottest stock-picker, the winning forecaster, or the de… read more...

To The Victor Go The Spoils

via: SeekingAlpha at 2018-09-10 13:19:32:000

Back in July, I penned a post for this platform that took a closer look at the notion that because U.S. stocks are riding high while Chinese equities are mired in a bear market, the U.S. is "winning" the trade war. (Heisenberg) Obviously, that proposition doesn't make a whole lot of sen… read more...

Emerging Markets Search For Bottom

via: SeekingAlpha at 2018-09-10 07:26:43:000

While US stocks clock new market highs, emerging markets (EMs) wallow in turmoil with contagion backdrafts triggering a rash of selling, which now has pushed the category across the bear divide. A common thread weaving through this disparate grouping of economies is a toxic brew of rising US i… read more...

A Hot Autumn For Stocks

via: SeekingAlpha at 2018-09-10 06:22:11:000

There are always risks to stocks and financial markets, so perhaps you should not get too intimidated by the five risks that we'll briefly describe below. They are all pretty well-known anyway, although we don't think there are many who would argue they are priced in. What makes the situatio… read more...

2018's 'Dogs Of The World' (Stock Market Wrap)

via: SeekingAlpha at 2018-09-10 03:10:23:000

During 2018, up until May, the world's major stock markets had similar performance. Since then, the US has pushed higher, whereas most other markets have sunk lower. That performance gap widened considerably during August and early September. Today, I give a snapshot of what's happened and why… read more...

Be Around Should EM Rebound

via: SeekingAlpha at 2018-09-10 02:47:52:000

By Rob Drijkoningen, Global Co-Head of Emerging Markets Debt; Leonardo Bernardini, Portfolio Specialist, Emerging Markets Debt Today's CIO Weekly Perspectives comes from guest contributors Global Co-Head of Emerging Markets Debt Rob Drijkoningen and Portfolio Specialist Leonardo Ber… read more...

From Buenos Aires To Nashville: The Emerging Market Crisis Spreads From Periphery To Core

via: SeekingAlpha at 2018-09-10 02:31:07:000

This is the last emerging market crisis story for a while, promise. But one angle - exactly how a plunging currency in a far-off place affects supposedly stable markets like the US - is worth exploring because it's happening right this minute. Let's start with the choices facing an American … read more...

What If 2015 Was The Recession?

via: SeekingAlpha at 2018-09-09 22:58:58:000

Introduction: A Grand Theory In this article, I am going to propose my alternative theory on the current stage of the global economic cycle and what this means for the U.S. dollar, commodities, and equity markets. Let me just say right out that even though I am presenting this as a theory, I… read more...

The Flight To Dollar And Treasury Safety Has Already Begun (Video)

via: SeekingAlpha at 2018-09-09 07:28:04:000

Photo Credit Before watching this installment, please see my previous video article regarding the global yield curve inversion. In the following video, I profile the world's major stock indexes to show that most of the rest of the world is sliding down. Two major manufacturing cent… read more...

What's Hurting Emerging Markets This Year?

via: SeekingAlpha at 2018-09-08 07:38:02:000

On the latest edition of Market Week in Review, Adam Goff, managing director, investment practice, and Sam Templeton, manager, global communications, discussed the August U.S. employment report, recent trends in U.S. equities and emerging markets, and the progression of budget talks in It… read more...

Emerging Markets Stabilize While Euro Shrugs Off Disappointing Data

via: SeekingAlpha at 2018-09-07 08:28:14:000

The global capital markets are finishing the week on a more stable note than it began. Indeed, since the middle of the week, many of the besieged emerging market currencies like the South African rand, Turkish lira, and Argentine peso have posted some corrective upticks. Today, the MSCI Emer… read more...

Peak Prices, Capital Waves Receding: Tsunami Alert

via: SeekingAlpha at 2018-09-07 07:59:23:000

The Canadian dollar has fallen nearly 5% against the US dollar year-to-date and compared to emerging market ((EM)) currencies that decline is small. Of the 24 most traded EM currencies, only the Mexican Peso has managed to eke out a small gain against the greenback year to date, while several … read more...

Turkey Caught Between A Rock And A Hard Place

via: SeekingAlpha at 2018-09-06 09:55:05:000

US equity indices hit fresh record highs last week, while equity indices outside the US have been playing catch-up for months. JPMorgan notes that this divergence in price action has never occurred before in history, and the bank expects this gap to close with international stocks poised to … read more...

Trade And Tariff Agenda Dominate Thursday

via: SeekingAlpha at 2018-09-06 08:02:11:000

Thursday September 6: Five things the markets are talking about Global equities again are on the back foot, with a number of regional bourses trading atop of their lowest close of the year as investors consider the risk of weaker growth thanks due to emerging market worries. The U.S. dolla… read more...

Weekly Edge: Emerging Markets Struggle

via: SeekingAlpha at 2018-09-06 03:19:51:000

Co-authored by Daniel Rangel Emerging-market stocks appear to be in a perfect storm of compounding factors that have pushed prices down in 2018 and continue to do so. These factors include a rising U.S. dollar, trade uncertainty, crises in individual countries, and strength in developed ma… read more...

'Herd Behavior'

via: SeekingAlpha at 2018-09-06 01:40:44:000

Chinese officials are fond of advising market participants of all stripes to avoid irrational decision making based on an overriding tendency to follow one-way price action. Beijing has a subtly derisive nickname for that tendency: "Herd behavior". Most recently, the PBoC rolled out the "h… read more...

7 Issues For Investors To Watch In September

via: SeekingAlpha at 2018-09-05 20:36:07:000

By Kristina Hooper, Chief Global Market Strategist on Sep 4, 2018, in Market & Economic Weekly Market Compass: Trade deals, the Italian budget, emerging markets pressure and more Trade tops the list of issues facing markets this month, as the US is threatening to kill the… read more...

Argentina Is The Latest Emerging Markets Shoe To Drop

via: SeekingAlpha at 2018-09-05 10:01:45:000

Another week has passed, and another emerging markets currency has entered freefall, this time in Latin America, where the Argentine peso sold off to 41.47 against the dollar. I am sure that the IMF will come to some sort of rescue, as it has many times in the storied Argentine history, but th… read more...

Continuing EM Pain Helps The Dollar, But Does Little For Yen

via: SeekingAlpha at 2018-09-05 07:06:38:000

The dollar is posting gains against most of the emerging markets and major currencies. The MSCI Emerging Markets Index is off 1.6% and extending the drop to a sixth consecutive session. Indonesia's bourse saw the largest decline (~3.75%) in the region. In part, it reflects concern… read more...

Chart Storm: EM Can Get A Lot Worse Before U.S. Stocks Flinch

via: SeekingAlpha at 2018-09-04 04:50:45:000

Drivers Behind EM / US Stock Divergence are No Joke US stocks seem at little risk of contagion from EM counterparts in the short term. Evidence suggests that the divergence is far from coming to a head in EM FX and stock issues. Domestically, US stocks are likely daring the Fed to tigh… read more...

Wanna Save $100,000 On College?

via: SeekingAlpha at 2018-09-03 14:45:32:000

My daughter wanted very badly to attend Boston College. At the total cost of attendance, BC would have cost us over $250,000 for four years. I have three kids! This is crazy! The cost benefit analysis just wasn't there. In Georgia, we have what is known as the Hope Scholarship. The HOPE pays f… read more...

2 Ideas

via: SeekingAlpha at 2018-09-03 14:39:28:000

Read more … read more...

5 Back To School Themes For Markets

via: SeekingAlpha at 2018-09-02 08:19:12:000

Chris Dhanraj and the ETF Investment Strategy team discuss five themes for investors to consider as we approach the end of summer. As summer nears its end and the kids head back to school, it is good time to take stock of where we are as investors as we head into the last few months of the… read more...

International Economic Week In Review For August 27-31

via: SeekingAlpha at 2018-09-01 01:19:26:000

Canada released its latest quarterly GDP report. Headline Q/Q growth was .7%, double the .3% 1Q rate. Household spending, which, like most developed countries, accounts for the bulk of the country's growth, was up .6%. Gains occurred in all the major consumer spending categories. While busin… read more...

Divergent - The Breakdown Of Stock Market Correlations, Temp Or Perm?

via: SeekingAlpha at 2018-09-01 00:15:39:000

To begin delving into the recent outperformance of the US stock market relative to its international peers, we need to reflect on the global fiscal and monetary response to the last crisis. After the great financial recession of 2008/2009, the main driver of stock market performance was the co… read more...

Reversion To The Mean: The Emerging Market Comeback

via: SeekingAlpha at 2018-08-31 10:00:10:000

The Current Movement of the US Dollar: Tax Cuts and Rate Hikes Right now, we are in a period of relative dollar strength. We have a combination of expansionary fiscal policy and tight monetary policy. Trump instated the Tax Cuts and Jobs Act which slashed the corporate tax rate by 14 point… read more...

Emerging Markets: Inverting Economic Axioms, Relationship Polarisation, And The Structural Changes Ahead

via: SeekingAlpha at 2018-08-30 14:46:45:000

N.B. All data was graphed by the author and should not be reproduced sans permission. Overview Since the beginning of 2018, Emerging Markets have been in turmoil. We have observed a paradigm shift from the economic axioms that underpin their performance and structural changes have also bee… read more...

Worried About Emerging Markets? Consider The Low Volatility Factor

via: SeekingAlpha at 2018-08-30 02:56:35:000

Posted by Nick Kalivas, Senior Equity Product Strategist on August 28, 2018, in Exchange-Traded Funds History shows that when EM stocks sell off, US low vol stocks generally outperform. Emerging markets ((EM)) have been turbulent throughout 2018 due to US-China trade tensio… read more...

Let The Emerging Market Bailouts Begin: 'We Don't Have Much Choice'

via: SeekingAlpha at 2018-08-29 09:49:20:000

To understand why Europe is watching Turkey's financial crisis with alarm, you just have to see this chart: Spanish - and to a lesser extent French and Italian - banks have lent a lot of money to Turkey. So as that country spins closer to default, those banks and their governments are in dan… read more...

Poker Tilt

via: SeekingAlpha at 2018-08-29 07:26:21:000

"If you're playing a poker game and you look around the table and can't tell who the sucker is, it's you." - Paul Newman Looking at the tentative rebound in gold prices thanks to the fall of the US dollar on conjunction with some respite for some selected Emerging Markets ((EM)) as well as… read more...

Is Tunisia The Next Emerging Market To Implode?

via: SeekingAlpha at 2018-08-28 08:00:20:000

Seems like every few days a new developing country discovers that it can't pay back the dollars and/or euros it borrowed back when "external foreign currency debt" seemed like a good thing. Next up: Tunisia, apparently. From today's Wall Street Journal : Nation That Sparked Arab Spr… read more...

Greenback Remains On Defensive

via: SeekingAlpha at 2018-08-28 07:37:21:000

Corrective forces continue to weigh on the US dollar. Sometimes the narratives drive the price action, and sometimes the price action drives the narratives. Currently, the latter appears to hold sway. The dollar's downside correction began around the middle of the month, well before Powel… read more...

The NAFTA Replacement Deal: Implications Are Clear As Mud

via: SeekingAlpha at 2018-08-28 02:02:28:000

Over the weekend, when it became clear that the U.S. and Mexico were set to successfully conclude bilateral trade discussions, I mused that due to the sheer number of complex deals the Trump administration is in the process of trying to renegotiate, it's difficult to get a clean read on what… read more...

All-Time High

via: SeekingAlpha at 2018-08-27 09:12:38:000

We're an all time high, We'll change all that's gone before. Doing so much more than falling in love. On an all time high, We'll take on the world and wait. So hold on tight, let the flight begin. . . . Rita Coolidge, the movie "All Time High," James Bond ( All Time High ) So, we… read more...

Gold Shorts Cover On Trade, EM Risk, And J-Hole Chatter

via: SeekingAlpha at 2018-08-26 13:31:21:000

Editor's note: Seeking Alpha is proud to welcome The Opportunistic Trader as a new contributor. It's easy to become a Seeking Alpha contributor and earn money for your best investment ideas. Active contributors also get free access to the SA PRO archive. Click here to find out more … read more...

Looking Past EM Headlines At Solid Micro Conditions

via: SeekingAlpha at 2018-08-25 02:29:38:000

Video Transcript Kristen Capuano: Emerging markets equities have struggled a bit this year, particularly against U.S. equities. Here to discuss the reasons why is portfolio manager at VanEck, David Semple. David is the Portfolio Manager of VanEck's Emerging Markets Equity Strategy. Da… read more...

Dale: 4 Charts To Reiterate #ChinaSlowing And #GlobalDivergences

via: SeekingAlpha at 2018-08-23 14:56:48:000

What a difference a year can make. In case you missed it, the Shanghai Composite Index is officially in crash mode - down over 24% since its highs in January. Meanwhile, Emerging Market currencies and stocks are in complete disarray. In light of these continuing market dislocations (whic… read more...

Dale: 4 Charts To Reiterate #ChinaSlowing And #GlobalDivergences

via: SeekingAlpha at 2018-08-23 14:56:48:000

What a difference a year can make. In case you missed it, the Shanghai Composite Index is officially in crash mode - down over 24% since its highs in January. Meanwhile, Emerging Market currencies and stocks are in complete disarray. In light of these continuing market dislocations (whic… read more...

Turkey's Crisis And The Dollar's Future

via: SeekingAlpha at 2018-08-23 04:05:07:000

By Alasdair Macleod Last week's collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting against th… read more...

Turkey's Crisis And The Dollar's Future

via: SeekingAlpha at 2018-08-23 04:05:07:000

By Alasdair Macleod Last week's collapse of the Turkish lira has dominated the headlines, and it is widely reported that this and other emerging market currencies are in trouble because of the withdrawal of dollar liquidity. There are huge quantities of footloose dollars betting against th… read more...

The 5 Previous Times This Stock Market Indicator Has Reached This Level Stock Prices Have Fallen By At Least 50 Percent

via: SeekingAlpha at 2018-08-23 03:27:27:000

Have you ever heard of the "Sound Advice Risk Indicator"? Every single time in our history when it has gone above 2.0, the stock market has crashed, and now it has just surged above that threshold for the very first time since the late 1990s. That doesn't mean that a stock market crash is immi… read more...

The 5 Previous Times This Stock Market Indicator Has Reached This Level Stock Prices Have Fallen By At Least 50 Percent

via: SeekingAlpha at 2018-08-23 03:27:27:000

Have you ever heard of the "Sound Advice Risk Indicator"? Every single time in our history when it has gone above 2.0, the stock market has crashed, and now it has just surged above that threshold for the very first time since the late 1990s. That doesn't mean that a stock market crash is immi… read more...

Emerging Markets Risks And International Reserves

via: SeekingAlpha at 2018-08-23 02:56:43:000

Emerging markets are at the point of risk contagion these days, with a potential spillover into advanced economies. This brings us back to the memories of the past EM crises, such as the currencies crises of the late 1990s in the year (and month) that marks the 20th anniversary of Russian Sove… read more...

Emerging Markets Risks And International Reserves

via: SeekingAlpha at 2018-08-23 02:56:43:000

Emerging markets are at the point of risk contagion these days, with a potential spillover into advanced economies. This brings us back to the memories of the past EM crises, such as the currencies crises of the late 1990s in the year (and month) that marks the 20th anniversary of Russian Sove… read more...

Looking For The First Cockroach To Appear

via: SeekingAlpha at 2018-08-23 02:44:05:000

Dan Oliver and Michael Oliver return as guests on this week's radio show. Dan Oliver, who replaced Dr. Benjamin Wiker whose illness precluded him from joining the show, discusses the emergence of stresses and strains in Turkey and other emerging markets that suggests we're nearing the ne… read more...

Looking For The First Cockroach To Appear

via: SeekingAlpha at 2018-08-23 02:44:05:000

Dan Oliver and Michael Oliver return as guests on this week's radio show. Dan Oliver, who replaced Dr. Benjamin Wiker whose illness precluded him from joining the show, discusses the emergence of stresses and strains in Turkey and other emerging markets that suggests we're nearing the ne… read more...

The Challenge From The Midterm Elections And Emerging Markets

via: SeekingAlpha at 2018-08-22 09:02:10:000

By Jeremy Schwartz, CFA, Director of Research Last week's podcast focused on the global macro environment and political dynamics with Guy Petcho, a global macro portfolio manager at Voya Investment Management, and Greg Valliere, chief global strategist at Horizon Investments. This was a… read more...

Global Markets: 5 Issues To Watch

via: SeekingAlpha at 2018-08-22 01:56:16:000

By Kristina Hooper, Chief Global Market Strategist on August 20, 2018, in Market & Economic Weekly Market Compass: Turkeys woes continue, the US and China will talk about trade (again), and more From the crisis in Turkey to upcoming remarks by the Federal Reserv… read more...

Top 5 Charts Of The Week

via: SeekingAlpha at 2018-08-22 01:25:00:000

In this video, we run through the free weekly email newsletter " The Top 5 Charts of the Week " and add a bit of extra comments and context. It's a useful tour across some of our latest work and thinking, and just a great selection of global macro/market charts. This week: 1. The long term… read more...

Chart Of The Week: EM Vs. DM

via: SeekingAlpha at 2018-08-21 07:24:15:000

This week we're looking at EM (emerging) vs. DM (developed markets) relative performance. Emerging market equities have come under pressure recently as a stronger US dollar, Fed tightening, and political risk have come into focus. The chart comes from a report on emerging market equities i… read more...

Playing With Emerging Market Economic Fire

via: SeekingAlpha at 2018-08-21 05:52:50:000

One has to be dismayed about the insularity of U.S. economic policymaking in the age of Trump. This is particularly the case with respect to the emerging market economies, which now account for more than half of the world's economic output and which have been the main engine of global economic… read more...

July Recap And Outlook: Frontier Markets Lead Rebound

via: SeekingAlpha at 2018-08-21 05:52:14:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity July marked the first month of the calendar year where emerging market… read more...

Navigating EM Turbulence

via: SeekingAlpha at 2018-08-21 02:08:10:000

Key points Turkey's woes have hit emerging markets. We expect further volatility, yet see long-term opportunities in markets with strong fundamentals. EM equities lagged broader global markets, dragged in part by weak Chinese tech stocks. Copper prices hit a one-year low. Minutes from … read more...

Hypertonic Surroundings

via: SeekingAlpha at 2018-08-20 07:18:02:000

"The advancement and diffusion of knowledge is the only guardian of true liberty." - James Madison Watching with interest the numerous convolutions in Emerging Markets, with gold taking the proverbial sucker punches thanks to the bloody rampage of " Mack the Knife " (King Dollar + positive… read more...

How Contagious Is Turkey?

via: SeekingAlpha at 2018-08-20 01:30:01:000

By Morgan Harting, Christian DiClementi The Turkish lira has dropped 35% as of August 16, putting pressure on inflation as well as the country's debt-heavy corporations and banks. Investor jitters have spread over the past week to some other emerging markets and European banks with Turkish… read more...

Global Viewpoints: Sovereign Debt - U.S. Dollar Rally Drives Global Risk, Puts Pressure On Emerging Markets

via: SeekingAlpha at 2018-08-19 05:36:21:000

By Ryan Myerberg In the third of a four-part series, Portfolio Manager Ryan Myerberg looks at the impact that a fluctuating U.S. dollar has on emerging market debt. Despite stronger sensitivity to movement in the U.S. dollar and other challenges within emerging markets, we still think … read more...

The Turkish Currency Crisis: What's Next?

via: SeekingAlpha at 2018-08-19 05:19:12:000

On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Consulting Director Sophie Antal Gilbert discussed the Turkish financial crisis, its impact on emerging markets and whether or not the turmoil could disrupt U.S. markets. Significant market vo… read more...

Weekly Commentary: Instability

via: SeekingAlpha at 2018-08-19 02:14:33:000

With the Turkish lira down another 6.6% in Monday trading, global "Risk Off" market Instability was turning acute. The U.S. dollar index jumped to an almost 14-month high Monday, as the Turkish lira, Argentine peso, Indian rupee and others traded to record lows versus the greenback. The South … read more...

Let's Talk Turkey And Emerging Markets

via: SeekingAlpha at 2018-08-18 06:30:36:000

The markets throughout the world have been under significant pressure due to significant currency devaluations in the emerging markets. Turkey was just the first to sneeze. It now appears to be contagious throughout the emerging markets and, to some extent, developed countries as well. Accor… read more...

Emerging Markets: Tumbling, Or Just Stumbling?

via: SeekingAlpha at 2018-08-17 11:12:41:000

Emerging markets comprise a scatterplot of disparate economies, drawn from every quarter of the globe, and exhibiting an extremely diverse range of shapes, sizes, political regimes, trade composition and financial circumstances. Included in the mix are some of the largest economies in the worl… read more...

Here's How 'External Dollar Debt' Produces An 'Emerging Market Crisis'

via: SeekingAlpha at 2018-08-17 08:02:46:000

Emerging market currencies are collapsing pretty much everywhere these days. But it's safe to assume that most people don't understand exactly what's causing this outbreak, why it's happening now, or what "external dollar debt" has to do with it. So here's a quick primer, followed by the oblig… read more...

View From EM Credit Desk: Assessing The Fallout From Turkey's Crisis

via: SeekingAlpha at 2018-08-16 08:33:02:000

By Steve Drew Steve Drew, Head of Emerging Market ((EM)) Credit, provides an update on the current situation in Turkey and shares the team's views on what could lie in store for the country and the likelihood of contagion from the crisis to the rest of the globe. A Top-Level View of th… read more...

Morgan Stanley advising further cut to emerging market exposure

via: SeekingAlpha at 2018-08-16 07:46:28:000

"We dont think its time to add back risk in emerging markets despite cheaper valuations and lighter positioning," says the team. "We recommend de-risking EM portfolios further and move to a bearish stance." More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emer… read more...

And Behold, A Problem 'Emerged'

via: SeekingAlpha at 2018-08-15 22:40:04:000

On Monday evening, after the Turkish lira staged a dubious encore by building on losses incurred during its second-worst week in 24 years, I penned something for readers here called " Cold Turkey ", in which I variously suggested that emerging markets were likely to remain under severe pressur… read more...

Of Currencies, Trade And Other Clouds

via: SeekingAlpha at 2018-08-15 09:55:58:000

By Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Emerging markets have struggled in the first half of this year amid a storm of uncertainties. Franklin Templeton Emerging Markets Equity's Chetan Sehgal examines i… read more...

8/9/2007 - When The Music Stopped But The Bankers Were Still Dancing

via: SeekingAlpha at 2018-08-15 01:19:56:000

Source: istockphoto.com When the Music Stops, in terms of liquidity, things will be complicated. But as long as the music is playing, youve got to get up and dance. Were still dancing. Then Citigroup CEO Chuck Prince in a Financial Times intervi… read more...

7 Things To Keep In Mind About Turkey

via: SeekingAlpha at 2018-08-14 09:29:43:000

The country is confronting some old problems and a host of new risks. The weekend gave Turkey and the world's financial markets a much-needed breather after the country's currency experienced a week of intense weakness and dizzying volatility But it also builds expectations among traders of … read more...

Turkey Response Fails To Impress

via: SeekingAlpha at 2018-08-14 02:05:13:000

In the absence of a credible policy response, the Turkey rout continued Monday morning. Emerging markets assets are still affected, but there are now signs of differentiation. The focus Monday morning was on Turkey's policy responses and emerging markets contagion. So far, there are no indic… read more...

Turkish lira woes spill over to other emerging-market ETFs

via: SeekingAlpha at 2018-08-13 11:51:09:000

The plummeting Turkish lira is taking a toll on manyemerging markets, underscoring the higher risk of investing in markets where the value of their currency can be vulnerable. More news on: iShares MSCI Turkey ETF, VanEck Vectors Indonesia Index ETF, Global X MSCI Argentina ETF, Fi… read more...

Road Trip

via: SeekingAlpha at 2018-08-13 10:27:41:000

"Thanks I needed that," (as Bluto guzzles a fifth of whisky and smashes the bottle into a car). "Christ," says Donald (aka Peter Riegert), "this is ridiculous." "What are we going to do?" asks Pinto. "ROAD TRIP," says Otter! ( Road Trip ) . . . Animal House (1978) So, as most of you kn… read more...

The U.S. Against The Rest

via: SeekingAlpha at 2018-08-13 03:35:03:000

The US has, for various reasons, imposed one or another form of economic sanctions on a host of nations, like the EU, China, Turkey, Russia, Canada, Mexico, Iran, and a good many others (affected by the steel and aluminium tariffs). This is a fairly sharp break from decades of trade liberali… read more...

GMO Quarterly Letter Q2 2018: Emerging Markets - No Reward Without Risk

via: SeekingAlpha at 2018-08-13 02:30:00:000

Read more … read more...

Emerging Markets And Developed Markets (Ex-U.S.): Setting Up For An Attractive Entry Point?

via: SeekingAlpha at 2018-08-12 13:48:17:000

One of the classic scenes from Braveheart was when Mel Gibson, playing William Wallace, was standing in the field facing down the English cavalry, and holding back his troops, yells, "Hold! Hold! Hold!" waiting until the heavy horses and opposition were nearly right on top of t… read more...

Weekly S&P 500 ChartStorm - Short-Term Bearish Warning Signs

via: SeekingAlpha at 2018-08-12 08:02:50:000

Those that follow my personal account on Twitter will be familiar with my weekly S&P 500 #ChartStorm, in which I pick out 10 charts on the S&P 500 to tweet. Typically I'll pick a couple of themes and hammer them home with the charts, but sometimes it's just a selection of charts that… read more...

I Called A Currency Collapse

via: SeekingAlpha at 2018-08-11 12:32:11:000

I thought long and hard about how I wanted to frame this post, and on Saturday morning, I settled on an angle I hope will convey everything I want to convey to readers here in a reasonably concise manner. Readers on this platform often characterize me as a "popular" financial blogger. Some a… read more...

Inflation Surprises Abound

via: SeekingAlpha at 2018-08-10 07:48:32:000

Politics continue to affect the price action in Russia, Argentina, and Turkey. Meanwhile, the latest inflation releases in emerging markets produced several surprises that may have policy implications down the road. In today's big inflation data dump in emerging markets, several releases st… read more...

Why Emerging Market Stocks Are Looking Cheap

via: SeekingAlpha at 2018-08-09 01:03:42:000

As Russ explains, dismal performance of emerging markets this year has made them look like a bargain again. Following a stellar 2017, emerging market ((EM)) equities are once again on the back foot. The MSCI Emerging Market Index is trailing developed markets stocks by roughly 8% this ye… read more...

EM Stocks In The Time Of Trade Tantrums

via: SeekingAlpha at 2018-08-08 11:02:40:000

By Stuart Rae Transcript: Trade war's becoming a bigger source of concern amongst investors, particularly in emerging markets, because a lot of those economies are very trade dependent. But there's a difference between the first-order effects, the categories that are actually under tr… read more...

All Is Divided Into 3 Parts

via: SeekingAlpha at 2018-08-07 03:00:08:000

As is often the case in the early stages of a U.S. equity bear market, several typical characteristics can be observed. Hardly anyone thinks we are in a U.S. equity bear market, and that is par for the course. As a result of an unusually lengthy bull market for U.S. equities, unsustainable dis… read more...

Weekly Commentary: 'Periphery To Core Crisis Dynamics'

via: SeekingAlpha at 2018-08-05 01:47:03:000

The renminbi traded at 6.8935 in early-Friday trading, with intensified selling pushing the Chinese currency to its lowest level (vs. the $) since May 26, 2017. The People's Bank of China ((PBOC)) was compelled to support their currency, imposing a 20% reserve requirement on foreign-exchange f… read more...

Weekly Commentary: 'Periphery To Core Crisis Dynamics'

via: SeekingAlpha at 2018-08-05 01:47:03:000

The renminbi traded at 6.8935 in early-Friday trading, with intensified selling pushing the Chinese currency to its lowest level (vs. the $) since May 26, 2017. The People's Bank of China ((PBOC)) was compelled to support their currency, imposing a 20% reserve requirement on foreign-exchange f… read more...

China Central Bank Strikes Back

via: SeekingAlpha at 2018-08-04 04:20:06:000

Today's emerging markets data releases produced several big surprises. Meanwhile, China's decision to stem currency depreciation rocked the market. It looks like China's central bank (PBoC) has had enough of the currency's weakness. Citing concerns about financial stability, the PBoC stren… read more...

Emerging Markets: Wildfire Or Fire Sale?

via: SeekingAlpha at 2018-08-03 08:34:53:000

During a recent webinar , we examined the current volatility in emerging markets debt and whether the rout is overdone or if more pain is coming. We compiled a selection of questions that emerged from the webinar and answered them in the following Q&A. How does valuation in emergi… read more...

It Ain't The Economy, Silly. It's Interest Rates And Trade

via: SeekingAlpha at 2018-08-03 05:25:46:000

By Krishna Memani, CIO, Portfolio Manager Of course, it is always the economy. I know that. But the point of my headline is that it isn't about the economy AT THE MOMENT. The global economy AT THE MOMENT continues to do quite well. I could argue that it is doing better than it has at a… read more...

A Value Opportunity In EM HY Corporate Bonds?

via: SeekingAlpha at 2018-08-02 07:25:21:000

Emerging markets high yield corporate bond yields have widened significantly over the second quarter of the year and provide a yield pickup over U.S. high yield of 1.1% (as of July 20, 2018). On a spread basis, the pickup is more attractive at 117 basis points. The spread advantage reflects th… read more...

Emerging Markets Sell Off In The Second Quarter

via: SeekingAlpha at 2018-08-01 10:29:08:000

Posted by Steve Cao, Senior Portfolio Manager on Jul 31, 2018, in Equities By any measure, emerging markets (EMs), as represented by the MSCI Emerging Markets Index, had a tough second quarter, dropping 8.7% 1 in US dollar terms and significantly trailing developed markets. The … read more...

Is It Time To Worry About A Liquidity Crisis?

via: SeekingAlpha at 2018-07-31 14:10:56:000

Posted by Kristina Hooper, Chief Global Market Strategist on Jul 30, 2018, in Market & Economic One of the key risks to markets that I've been discussing for more than a year is balance sheet normalization. I have argued - and continue to argue - that quantitative easing was … read more...

EM Equities On Sale?

via: SeekingAlpha at 2018-07-31 09:26:52:000

Key points EM equity valuations have become disconnected from strong fundamentals, we believe, and offer attractive compensation for risk. U.S.-EU trade strife eased after a White House meeting that led to a vow to work toward cutting tariffs and addressing unfair global trade practices…. read more...

International ADR Strategy Q2 2018 Commentary

via: SeekingAlpha at 2018-07-31 06:46:24:000

Read more … read more...

KKR Insights Global Macro Trends: New Playbook Required

via: SeekingAlpha at 2018-07-30 03:38:27:000

Read more … read more...

Emerging Market Elections In 2018 Sow Uncertainty

via: SeekingAlpha at 2018-07-29 12:46:16:000

By Sean Newman, Senior Portfolio Manager In the last couple of years, election surprises seem to have been the rule rather than the exception. Great Britain, Germany, Japan and the US are all examples, with these countries continuing to experience considerable fallout from the results. I… read more...

Quarterly Market Review Q2 2018

via: SeekingAlpha at 2018-07-29 10:06:03:000

Read more … read more...

Third Point (Dan Loeb) Q2 2018 Investor Letter

via: SeekingAlpha at 2018-07-26 06:52:52:000

Originally posted on Read more … read more...

Third Point (Dan Loeb) Q2 2018 Investor Letter

via: SeekingAlpha at 2018-07-26 06:52:52:000

Originally posted on Read more … read more...

Third Point (Dan Loeb) Q2 2018 Investor Letter

via: SeekingAlpha at 2018-07-26 06:52:52:000

Originally posted on Read more … read more...

EM's DM Risks

via: SeekingAlpha at 2018-07-26 06:15:26:000

For all the hel-sink-ing moments we have lived through over the past year and half, EM has suffered less from any endemic problems of its own. On the contrary, EM has been battling with DM's actions like probably never before. Beginning with rising US rates (propelling the dollar higher), EM c… read more...

EM's DM Risks

via: SeekingAlpha at 2018-07-26 06:15:26:000

For all the hel-sink-ing moments we have lived through over the past year and half, EM has suffered less from any endemic problems of its own. On the contrary, EM has been battling with DM's actions like probably never before. Beginning with rising US rates (propelling the dollar higher), EM c… read more...

EM's DM Risks

via: SeekingAlpha at 2018-07-26 06:15:26:000

For all the hel-sink-ing moments we have lived through over the past year and half, EM has suffered less from any endemic problems of its own. On the contrary, EM has been battling with DM's actions like probably never before. Beginning with rising US rates (propelling the dollar higher), EM c… read more...

Where To Invest Your Money Today (Part 1 Of 2)

via: SeekingAlpha at 2018-07-24 20:06:43:000

Jordan Roy-Byrne: Hello again everyone, welcome back to the Atlas Investor podcast with Tiho Brkan. This is episode number 18. Tiho, my friend, it's great to speak with you again today. I understand we're going to be doing a two-part podcast. Today will be the first part of that. Please … read more...

International Economic Week In Review For July 16-20

via: SeekingAlpha at 2018-07-22 07:56:30:000

Earlier this month, the IMF released its revised World Economic Outlook . While the release is moderately dated, I want to look at it in today's column because it contains a number of salient points. Growth projections have been revised down for the euro area, Japan, and the United Kingdo… read more...

International Economic Week In Review For July 16-20

via: SeekingAlpha at 2018-07-22 07:56:30:000

Earlier this month, the IMF released its revised World Economic Outlook . While the release is moderately dated, I want to look at it in today's column because it contains a number of salient points. Growth projections have been revised down for the euro area, Japan, and the United Kingdo… read more...

International Economic Week In Review For July 16-20

via: SeekingAlpha at 2018-07-22 07:56:30:000

Earlier this month, the IMF released its revised World Economic Outlook . While the release is moderately dated, I want to look at it in today's column because it contains a number of salient points. Growth projections have been revised down for the euro area, Japan, and the United Kingdo… read more...

Is The MSCI EM Index Fit For Purpose?

via: SeekingAlpha at 2018-07-22 07:40:30:000

By Simon Ward Economist Simon Ward discusses characteristics of the MSCI EM equities index, raising questions about its suitability as a benchmark for emerging markets investing. The characteristics of the MSCI Emerging Markets ((EM)) equities index have changed significantly in recent… read more...

Is The MSCI EM Index Fit For Purpose?

via: SeekingAlpha at 2018-07-22 07:40:30:000

By Simon Ward Economist Simon Ward discusses characteristics of the MSCI EM equities index, raising questions about its suitability as a benchmark for emerging markets investing. The characteristics of the MSCI Emerging Markets ((EM)) equities index have changed significantly in recent… read more...

Is The MSCI EM Index Fit For Purpose?

via: SeekingAlpha at 2018-07-22 07:40:30:000

By Simon Ward Economist Simon Ward discusses characteristics of the MSCI EM equities index, raising questions about its suitability as a benchmark for emerging markets investing. The characteristics of the MSCI Emerging Markets ((EM)) equities index have changed significantly in recent… read more...

Solid EM Micro Despite Macro Angst

via: SeekingAlpha at 2018-07-20 07:54:07:000

Conflicting Views Pervade It has certainly been a challenging quarter, leading to conflicting and bifurcated views on the emerging markets asset class and contrasting macro angst with solid bottom-up metrics. Despite a fairly robust global economic and profit growth backdrop and reasonable v… read more...

Solid EM Micro Despite Macro Angst

via: SeekingAlpha at 2018-07-20 07:54:07:000

Conflicting Views Pervade It has certainly been a challenging quarter, leading to conflicting and bifurcated views on the emerging markets asset class and contrasting macro angst with solid bottom-up metrics. Despite a fairly robust global economic and profit growth backdrop and reasonable v… read more...

President throws lifeline to emerging markets?

via: SeekingAlpha at 2018-07-19 14:25:30:000

The president earlier signaled his displeasure with the Fed's rate hike cycle. Under more pressure than about any asset class from higher U.S. rates have been emerging market equities, bonds, and currencies. More news on: iShares MSCI Emerging Markets ETF, iShares J.P. Morgan USD Emergin… read more...

Shifting Tides: Policy Challenges And Opportunities For The G-20

via: SeekingAlpha at 2018-07-19 02:46:19:000

By Christine Lagarde, Managing Director of the International Monetary Fund The artist Claude Monet once said, "I worked without stopping, for the tide at this moment is just as I need it." As the Group of Twenty finance ministers gather this week at the banks of the Rio de la Plata in Bu… read more...

Chasing Your Tail (Risk)

via: SeekingAlpha at 2018-07-17 21:45:35:000

Well, I'll say one thing for the media circus that accompanied the Trump-Putin summit in Helsinki on Monday and the subsequent firestorm that dominated headlines on Tuesday, it provided something of a reprieve from the previously incessant trade headlines that have weighed on market psychology… read more...

The Short- And Long-Term Fate Of Emerging Markets

via: SeekingAlpha at 2018-07-17 13:26:25:000

By Jeremy Schwartz, CFA, Director of Research On last week's "Behind the Markets" podcast, we showcased two conversations - in the first segment, we reviewed the global markets and the outlook for monetary policy and currencies with Marc Chandler of Brown Brothers Harriman. I was also fo… read more...

Emerging markets on sale?

via: SeekingAlpha at 2018-07-17 10:51:09:000

Bloomberg's David Ingles notes emerging market equities are trading at their widest discount (based on relative P/E ratios) to U.S. stocks in 16 years. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global new… read more...

EM Equities: On The Road In India

via: SeekingAlpha at 2018-07-16 17:59:48:000

By Stephen Deane Stephen Deane, Portfolio Manager on the Global Emerging Market Equities Team, discusses findings from a recent research trip to India. Mr. Deane highlights the country's overall optimism, the ongoing requirement for investment in infrastructure, the effects of demonetizati… read more...

How The Fed Is Killing Emerging Markets

via: SeekingAlpha at 2018-07-16 13:39:35:000

Stanley Druckenmiller once said that as an economy reaches a certain level of acceleration the Fed is no longer with you The Fed, instead of trying to get the economy moving, reverts to acting like the central bankers they are and starts worrying about inflation … read more...

Amid EM Sell-Off, How Corporates Can Add Value To Core Portfolios

via: SeekingAlpha at 2018-07-16 10:31:55:000

By Brendan Loftus, Research Analyst As geopolitics continues to shake investor confidence, U.S. interest rates have fluctuated and emerging market assets have come under pressure. In our view, this move could present unique opportunities for investors to decrease interest rate risk while a… read more...

2019 Economic Outlook: Deflationary Bust Led By China

via: SeekingAlpha at 2018-07-16 07:19:48:000

Global economic growth and optimism has experienced a significant upswing over the past eighteen months as measured through a variety of metrics (GDP growth, financial market performance, business and consumer confidence and so on). This uptick in growth was not the result of an increase in la… read more...

Weekly Commentary: $247 Trillion And (Rapidly) Counting

via: SeekingAlpha at 2018-07-15 04:45:55:000

I chronicled mortgage finance Bubble excess on a weekly basis. Relevant data were right there in plain sight, much of it courtesy of the Federal Reserve. Yet only after the Bubble burst did it all suddenly become obvious. Flashing warning signs were masked by manic delusions of endless prosper… read more...

I'm Not The Bear You're Looking For

via: SeekingAlpha at 2018-07-14 12:34:21:000

You can't make an omelette without breaking a few eggs, and in my case, "you" can't make an omelette period, because breakfast is something that's always eluded my rudimentary cooking skills (long-time Heisenberg readers know I can cook a mean NY Strip, though). The figurative omelette I set… read more...

Emerging Markets Suffer Second-Quarter Setback

via: SeekingAlpha at 2018-07-13 06:05:37:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Emerging markets suffered a setback in the second quarter, but Manraj S… read more...

Covering The 'G' In ESG With Our Emerging Markets Ex-State-Owned Strategy

via: SeekingAlpha at 2018-07-13 01:28:20:000

By Alejandro Saltiel, CFA, Quantitative Research Analyst There is a phenomenon in emerging markets ((EM)) of government actors investing alongside other investors in publicly traded equities. We've previously made the case that state-owned enterprises (SOEs) in emerging markets are prone … read more...

5 Risks That Could Affect Fixed Income Markets

via: SeekingAlpha at 2018-07-11 18:16:44:000

Posted by Rob Waldner, Chief Strategist and Head of Multi-Sector on July 10, 2018, in Fixed Income Invesco Fixed Income is positive on fundamentals for the rest of this year. Global growth is solid and inflation is tame. As central banks have pivoted away from stimulus, tighte… read more...

5 Risks That Could Affect Fixed Income Markets

via: SeekingAlpha at 2018-07-11 18:16:44:000

Posted by Rob Waldner, Chief Strategist and Head of Multi-Sector on July 10, 2018, in Fixed Income Invesco Fixed Income is positive on fundamentals for the rest of this year. Global growth is solid and inflation is tame. As central banks have pivoted away from stimulus, tighte… read more...

Harmonic Equity Returns Hide Dissonant Market Notes

via: SeekingAlpha at 2018-07-11 06:32:57:000

By Sharon E. Fay, CFA Global developed equity markets rose in apparent harmony during the second quarter, as if they were all singing from the same sheet. But beneath the returns, multiple risks are fomenting disquiet, and five points of dissonance warrant closer attention. Considering t… read more...

Harmonic Equity Returns Hide Dissonant Market Notes

via: SeekingAlpha at 2018-07-11 06:32:57:000

By Sharon E. Fay, CFA Global developed equity markets rose in apparent harmony during the second quarter, as if they were all singing from the same sheet. But beneath the returns, multiple risks are fomenting disquiet, and five points of dissonance warrant closer attention. Considering t… read more...

Catching Falling Knives In China And Testing Your Small Cap Resolve

via: SeekingAlpha at 2018-07-09 23:00:39:000

Given how much time I spent over the weekend talking about the growing disconnect between, on the one hand, U.S. small caps ( IWM ) and tech ( QQQ ) and, on the other hand, Chinese equities, emerging market assets and some beaten down sectors in the European market, I wanted to pen a quick u… read more...

Watching Paint Dry

via: SeekingAlpha at 2018-07-09 02:35:27:000

Read more … read more...

Rechecking The 'Perfect' Indicator And One Bank's 'Apocalypse Dow' Charts

via: SeekingAlpha at 2018-07-08 23:34:26:000

Over the weekend, I penned a quick update on BofAML's "perfect" indicator , which, at 2.3, is now on the verge of flashing a "Buy" signal. Visually, that looks like this: (BofAML) As you can see from the header, that's the bank's "Bull & Bear" gauge and my use of the term "perfect… read more...

Catch 22

via: SeekingAlpha at 2018-07-08 10:26:45:000

Much like a cliffhanger episode of your favorite television show, the market gave us a cliffhanger at the end of Q1. The roller coaster, up and down ride of the S&P 500 in Q1 ended the quarter on the down beat and at key support levels. Would markets hold? Tune in next time. Well, now we k… read more...

Island Life

via: SeekingAlpha at 2018-07-06 23:09:58:000

If you're a regular reader, you probably saw the title of this post and immediately assumed you'd be treated to one of my signature anecdotes (for the uninitiated, I live on an island and I often infuse short stories from my daily life into my market analysis). I regret to inform you that the … read more...

Tiho's Analysis And Immediate Outlook For Stocks, Bonds And U.S. Dollar

via: SeekingAlpha at 2018-07-06 06:21:03:000

Jordan Roy-Byrne: Hello everyone and welcome back to the Atlas Investor podcast. This is episode number 17 with Tiho Brkan. Thank you so much for tuning in today. And Tiho, before we get into episode 17, let's discuss what you've been working on recently, because we have not been able to reco… read more...

Attrition Warfare

via: SeekingAlpha at 2018-07-06 03:14:13:000

All the business of war, and indeed all the business of life, is to endeavour to find out what you don't know by what you do; that's what I called 'guessing what was at the other side of the hill." - Duke of Wellington Watching with interest the continuation of the trade war narrative with… read more...

Multimedia Weekly Digest: Trouble In Emerging Markets?

via: SeekingAlpha at 2018-07-05 09:30:50:000

Welcome to SA Multimedia Digest, where we combine videos and podcasts from across Seeking Alpha's contributor base into a single weekly article. Russell Investments' Senior Investment Strategist Paul Eitelman and Sam Templeton, manager of global communications, discussed the recent st… read more...

Emerging-Market Debt: Expect Volatility - And Opportunity

via: SeekingAlpha at 2018-07-04 09:30:42:000

By Shamaila Khan and Christian DiClementi Summer is just beginning, but emerging-market ((EM)) bonds and currencies have been on a roller-coaster ride for months now. In markets, though, volatility breeds opportunity - and we still see plenty of that among EM issuers. When 2018 began, w… read more...

Is Flatter Yield Curve Predicting A Recession Beginning In The United States, Or In The Emerging Market Nations?

via: SeekingAlpha at 2018-07-04 02:39:41:000

Longer-term yields are dropping, when they are supposed to be increasing. What seems to be happening? The yield on the 10-year note closed at 2.892 percent on Tuesday afternoon. On May 17 this year, the yield was at 3.106 percent. This was a time when the longer-term yields were at new (re… read more...

Emerging Markets Face Multiple Tantrums

via: SeekingAlpha at 2018-07-03 09:59:52:000

The addition of a fourth US rate rise to the Federal Reserves 2018 dot-plot graph after the June meeting of the Federal Open Market Committee sparked a bout of portfolio outflows from emerging markets. This followed a fleeting upswing at the beginning of the month that fell short on re… read more...

Emerging Market Crisis Spreads To The Core, Central Banks Face Catch-22

via: SeekingAlpha at 2018-07-01 08:35:19:000

One of the things giving "data-driven" central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US, the thing most people think of as inflation is the consumer price index, or CPI, which is now running comfortably above… read more...

Emerging Market Crisis Spreads To The Core, Central Banks Face Catch-22

via: SeekingAlpha at 2018-07-01 08:35:19:000

One of the things giving "data-driven" central banks wiggle room on their pledge to tighten monetary policy is the fact there are several definitions of inflation. In the US, the thing most people think of as inflation is the consumer price index, or CPI, which is now running comfortably above… read more...

How The U.S. Dollar May Impact Emerging Markets In 2018 And 2019

via: SeekingAlpha at 2018-07-01 08:12:39:000

The US Dollar is known to have profound impacts on other markets once it rises or falls sharply. Think of the US Dollar rally in 2015 which resulted in crude oil to crash, but also serious Dollar weakness in 2016 resulting in the strong rise in emerging markets and base metals. These example… read more...

How The U.S. Dollar May Impact Emerging Markets In 2018 And 2019

via: SeekingAlpha at 2018-07-01 08:12:39:000

The US Dollar is known to have profound impacts on other markets once it rises or falls sharply. Think of the US Dollar rally in 2015 which resulted in crude oil to crash, but also serious Dollar weakness in 2016 resulting in the strong rise in emerging markets and base metals. These example… read more...

Weekly S&P 500 ChartStorm - Waking Up On The Wrong Side Of The Bed

via: SeekingAlpha at 2018-07-01 06:43:08:000

Those that follow my personal account on Twitter will be familiar with my weekly S&P 500 #ChartStorm, in which I pick out 10 charts on the S&P 500 to tweet. Typically I'll pick a couple of themes and hammer them home with the charts, but sometimes it's just a selection of charts that… read more...

Weekly S&P 500 ChartStorm - Waking Up On The Wrong Side Of The Bed

via: SeekingAlpha at 2018-07-01 06:43:08:000

Those that follow my personal account on Twitter will be familiar with my weekly S&P 500 #ChartStorm, in which I pick out 10 charts on the S&P 500 to tweet. Typically I'll pick a couple of themes and hammer them home with the charts, but sometimes it's just a selection of charts that… read more...

Are Brighter Days Ahead For Emerging Markets?

via: SeekingAlpha at 2018-06-30 03:42:39:000

On the latest edition of Market Week in Review, Senior Investment Strategist Paul Eitelman and Sam Templeton, manager, global communications, discussed the struggles in emerging markets, the recent uptick in oil prices and expectations for economic growth in the U.S. for the second half o… read more...

Jim Puplava: Europe And Emerging Markets Are The Next 2 Major Economic Landmines In The Global Economy

via: SeekingAlpha at 2018-06-28 06:10:17:000

By FS Staff During this in depth 40+ minute interview, Jason asks Jim questions about the following: 1) As someone who has professionally managed money for decades, do you find that the performance of general stock market index funds and ETFs from passive investing is making it hard… read more...

Jim Puplava: Europe And Emerging Markets Are The Next 2 Major Economic Landmines In The Global Economy

via: SeekingAlpha at 2018-06-28 06:10:17:000

By FS Staff During this in depth 40+ minute interview, Jason asks Jim questions about the following: 1) As someone who has professionally managed money for decades, do you find that the performance of general stock market index funds and ETFs from passive investing is making it hard… read more...

A Different Flavor Of Curve Inversion And Some Thoughts On The EM Exodus

via: SeekingAlpha at 2018-06-27 23:09:14:000

One of the things I like most about my post- Balvenie reality is that I can remember things I said a month ago. As regular readers know, I'm pretty fond of quoting myself (because nothing says "self-absorbed" quite like habitually referring to your own proclamations), so being able to recal… read more...

A Different Flavor Of Curve Inversion And Some Thoughts On The EM Exodus

via: SeekingAlpha at 2018-06-27 23:09:14:000

One of the things I like most about my post- Balvenie reality is that I can remember things I said a month ago. As regular readers know, I'm pretty fond of quoting myself (because nothing says "self-absorbed" quite like habitually referring to your own proclamations), so being able to recal… read more...

Time to buy the dip in emerging markets?

via: SeekingAlpha at 2018-06-27 15:51:53:000

This just in: The iShares MSCI Emerging Markets ETF (NYSEARCA: EEM ) is down about 10% for the month of June (it's off 1.9% in today's session). Since peaking in late January, it's down by roughly 20% . More news on: iShares MSCI Emerging Markets ETF, Vanguard… read more...

Crescat Capital End Of June 2018 Update

via: SeekingAlpha at 2018-06-27 05:48:52:000

Read more … read more...

Is China Part Of The 'Emerging Market Crisis'?

via: SeekingAlpha at 2018-06-27 05:03:13:000

Being huge, consequential and technologically advanced, China isn't normally lumped into the "emerging" category with Brazil and Argentina . To most observers, they've already left the kids table and are now seated with the developed world adults. But that might be premature. A big part of … read more...

Global Debt Binge Setting Us Up For A Pounding Economic Headache

via: SeekingAlpha at 2018-06-27 04:14:23:000

Anyone doubting that there is a material risk that that the next global economic recession will be of the more severe than normal variety has not been paying attention to the massive build-up in global debt levels over the past decade. Nor have they been paying attention to the unusually low i… read more...

Venturing For Growth Into EM

via: SeekingAlpha at 2018-06-26 08:08:16:000

Growth has become an obsession, and rightly so. The post-recession world has at best seen only a head fake, not the "global synchronized recovery" that we were led to believe earlier this year. The onslaught of trade wars on global supply chains is another toll on growth in the making. Busine… read more...

Trade Wars: Don't Panic, Prepare

via: SeekingAlpha at 2018-06-25 10:37:20:000

Key points We see solid fundamentals underpinning economic growth, but rising trade tensions increase uncertainty and may dent business confidence. Emerging markets led stocks down. The U.S. dollar firmed. Equity and bond funds saw the biggest weekly outflows in over three years. P… read more...

Watching And Waiting

via: SeekingAlpha at 2018-06-25 00:11:05:000

Read more … read more...

Trade Tensions No Big Deal?

via: SeekingAlpha at 2018-06-23 08:27:09:000

Some people seem to think that the trade tensions on multiple fronts (albeit invariably with the US involved) are a sideshow, at least as far as the markets are concerned. Commenting on the proposed tariffs on Chinese imports, SA contributor Ian Bezek argued: I don't see these tariffs as … read more...

Trade Tensions No Big Deal?

via: SeekingAlpha at 2018-06-23 08:27:09:000

Some people seem to think that the trade tensions on multiple fronts (albeit invariably with the US involved) are a sideshow, at least as far as the markets are concerned. Commenting on the proposed tariffs on Chinese imports, SA contributor Ian Bezek argued: I don't see these tariffs as … read more...

Good News, Bad News

via: SeekingAlpha at 2018-06-20 23:00:26:000

I continue to be fascinated with the trials and tribulations of emerging markets in a world where Fed tightening actually means tightening or, more to the point, in a world where there are pressing questions about the availability of dollar liquidity going forward. On Wednesday, there was g… read more...

Good News, Bad News

via: SeekingAlpha at 2018-06-20 23:00:26:000

I continue to be fascinated with the trials and tribulations of emerging markets in a world where Fed tightening actually means tightening or, more to the point, in a world where there are pressing questions about the availability of dollar liquidity going forward. On Wednesday, there was g… read more...

Mercantilism

via: SeekingAlpha at 2018-06-19 08:01:14:000

"What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war." - Ludwig von Mises Looking at the strong yet short bounce in equities following market jitter… read more...

Mercantilism

via: SeekingAlpha at 2018-06-19 08:01:14:000

"What generates war is the economic philosophy of nationalism: embargoes, trade and foreign exchange controls, monetary devaluation, etc. The philosophy of protectionism is a philosophy of war." - Ludwig von Mises Looking at the strong yet short bounce in equities following market jitter… read more...

Global Asset Allocation Update

via: SeekingAlpha at 2018-06-19 02:05:21:000

The risk budget is unchanged this month. For the moderate risk investor the allocation to bonds and risk assets is evenly split. There are changes this month within the asset classes. How far are we from the end of this cycle? When will the next recession arrive and more importantly when wil… read more...

Global Asset Allocation Update

via: SeekingAlpha at 2018-06-19 02:05:21:000

The risk budget is unchanged this month. For the moderate risk investor the allocation to bonds and risk assets is evenly split. There are changes this month within the asset classes. How far are we from the end of this cycle? When will the next recession arrive and more importantly when wil… read more...

Emerging Markets: Diminishing Risks Vs. Headline Fears

via: SeekingAlpha at 2018-06-18 06:44:38:000

By Laurent Saltiel, Sergey Davalchenko, Naveen Jayasundaram Fears of new threats to emerging markets have cooled stock returns after two years of hot performance. But the concerns may be overstated. The long-term risk profile of emerging markets is continuing to improve. Growing risks to… read more...

Regretting It Already, Part Deux

via: SeekingAlpha at 2018-06-17 10:37:53:000

About a month ago, I wrote something for this platform called " Regretting It Already ", the premise of which was simple: Jerome Powell would live to regret comments he made early last month at an IMF/SNB event . Here, for those who need a refresher, are those comments: Monetary sti… read more...

Emerging Markets Experience A Healthy Correction In May

via: SeekingAlpha at 2018-06-17 06:25:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity; and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

Monthly PMI Overview June 2018

via: SeekingAlpha at 2018-06-14 09:06:14:000

Read more … read more...

Monthly PMI Overview June 2018

via: SeekingAlpha at 2018-06-14 09:06:14:000

Read more … read more...

Monthly PMI Overview June 2018

via: SeekingAlpha at 2018-06-14 09:06:14:000

Read more … read more...

Federal Reserve Sticks To The Plan, Despite Global Risks

via: SeekingAlpha at 2018-06-13 16:55:05:000

By James Smith, Developed Markets Economist Despite the risks presented by trade wars and emerging market difficulties, the Fed appears confident in the outlook and has opted to increase rates by a further 25 basis points. Assuming the economy continues to perform well, and inflation/wag… read more...

Emerging markets lower after hawkish Fed

via: SeekingAlpha at 2018-06-13 14:45:50:000

They're not down by a ton today, but both the Vanguard FTSE Emerging Markets ETF ( VWO -0.9% ) and the iShares MSCI Emerging Markets ETF ( EEM -0.9% ) suffered notable dips just after 2 ET, when the FOMC not just hiked rates by 25 basis points, but signaled it's ready to move two more … read more...

The 'Long Run' Is Catching Up With Emerging Markets

via: SeekingAlpha at 2018-06-13 06:36:29:000

Reflecting on recent jitters in global emerging Read more … read more...

Trade Takes Center Stage As Long-Term Alliances Become Strained

via: SeekingAlpha at 2018-06-13 01:40:56:000

Posted by Kristina Hooper, Chief Global Market Strategist on Jun 11, 2018, in Market & Economic Weekly Market Compass: Interest rate decisions are also in the spotlight I have been talking about the theme of disruption for well over than a year. Last week's tumultuous G… read more...

Peter Schiff Explains Why Sagging Productivity Is Bad News For Your Pocketbook

via: SeekingAlpha at 2018-06-12 02:39:31:000

By SchiffGold US productivity numbers for the first quarter of this year were disappointing, to say the least. Analysts expected Q1 productivity to rise by point 0.7%. Instead, it came in at nearly half that, rising by 0.4% . This was only a slight improvement over the 0.3% increase in th… read more...

Crescat Capital May 2018 Update

via: SeekingAlpha at 2018-06-11 07:20:43:000

Originally posted on Read more … read more...

When A Walk To The Park Isn't A Walk In The Park

via: SeekingAlpha at 2018-06-10 12:41:45:000

It's Sunday morning as I write this and there for about 15 minutes, I had designs on cramming my woefully out of date MacBook Air into my trusty Alleretour Messenger 34 (which has been subjected to an obscene amount of abuse considering its pedigree) and trudging the two- ish miles to a brand… read more...

The Federal Reserve: Banker To The World

via: SeekingAlpha at 2018-06-09 16:32:12:000

Like it or not, the Federal Reserve System in the United States is, more or less, a central banker to the world. This is most obvious in times of financial turmoil. Just go back and re-read the memoir of former Federal Reserve chairman Ben Bernanke, The Courage to Act: A Memoir of … read more...

Hang 'EM High: Fed Watches As The Emerging World Burns

via: SeekingAlpha at 2018-06-09 13:36:18:000

Dont stone me, but emerging-market contagion is remarkably contained despite the dire tweets. So far, the case-by-case approach has not been invalidated. Having said that, go there only if you must or know more about it than that the carry looked attractive. That's from the Friday … read more...

Telltale Signs Of Growth In The Current Cycle

via: SeekingAlpha at 2018-06-09 06:13:00:000

By Gaurav Sinha , Asset Allocation Strategist After nearly a decade of loose monetary policy, we entered a phase of monetary tightening in December 2015 when the Federal Reserve (Fed) hiked interest rates for the first time in about a decade. The world depends on greenbacks, which fuel … read more...

Emerging Market Outflows

via: SeekingAlpha at 2018-06-08 02:59:54:000

By FS Staff Listen to this podcast on our site by clicking here During Puplava's last discussion with FS Insider, he noted that we won't be able to tell who's swimming naked, so to speak, until the tide goes out . With the Fed cutting its balance sheet and the ECB beginning to tap… read more...

What Happens When The Dollar Double Whammy Lands On You (Again)

via: SeekingAlpha at 2018-06-06 07:40:55:000

A recent poll in Brazil showed that one-third of Brazilians favor "military intervention." The country had been gripped by a crippling truckers strike, the results of which have been almost complete economic shutdown. Intervention, as it is softly termed, would be nothing less than a coup. T… read more...

What Happens When The Dollar Double Whammy Lands On You (Again)

via: SeekingAlpha at 2018-06-06 07:40:55:000

A recent poll in Brazil showed that one-third of Brazilians favor "military intervention." The country had been gripped by a crippling truckers strike, the results of which have been almost complete economic shutdown. Intervention, as it is softly termed, would be nothing less than a coup. T… read more...

Should The Fed Worry About Dollar Debts?

via: SeekingAlpha at 2018-06-06 07:22:04:000

Here is the Financial Times : The US Federal Reserve is often buffeted by fierce cross-currents but investors caution that balancing the strong domestic economy and rising turbulence in emerging markets - and now Europe - will require a particularly adept hand at the tiller this year. A… read more...

Should The Fed Worry About Dollar Debts?

via: SeekingAlpha at 2018-06-06 07:22:04:000

Here is the Financial Times : The US Federal Reserve is often buffeted by fierce cross-currents but investors caution that balancing the strong domestic economy and rising turbulence in emerging markets - and now Europe - will require a particularly adept hand at the tiller this year. A… read more...

Putting Emerging Markets Volatility In Perspective

via: SeekingAlpha at 2018-06-06 01:59:58:000

By Justin Leverenz, CFA, Director of Emerging Market Equities, Portfolio Manager Emerging market headlines have turned adverse in recent weeks . Considerable macroeconomic stress has emerged in Argentina and Turkey, where currencies have slid 12.0% and 5.8%, respectively. Alongside this… read more...

Putting Emerging Markets Volatility In Perspective

via: SeekingAlpha at 2018-06-06 01:59:58:000

By Justin Leverenz, CFA, Director of Emerging Market Equities, Portfolio Manager Emerging market headlines have turned adverse in recent weeks . Considerable macroeconomic stress has emerged in Argentina and Turkey, where currencies have slid 12.0% and 5.8%, respectively. Alongside this… read more...

Italy Now Infected By The Emerging Market Debt Crisis

via: SeekingAlpha at 2018-06-06 01:33:46:000

The emerging market crisis spread to Brazil and infected Italy this week. Even though Italy is not an emerging market, the country holds a disproportionate amount of emerging market debt. Furthermore, Italian President Sergio Mattarella blocked two anti-establishment parties, the 5 Star Moveme… read more...

Italy Now Infected By The Emerging Market Debt Crisis

via: SeekingAlpha at 2018-06-06 01:33:46:000

The emerging market crisis spread to Brazil and infected Italy this week. Even though Italy is not an emerging market, the country holds a disproportionate amount of emerging market debt. Furthermore, Italian President Sergio Mattarella blocked two anti-establishment parties, the 5 Star Moveme… read more...

Argentina, Turkey And The May Storm In Emerging Markets

via: SeekingAlpha at 2018-06-05 14:55:53:000

The spike in US bond yields since mid-April in tandem with the strengthening of the dollar sparked a retrenchment of capital flows to emerging markets ((EM)), accompanied by a sell-off of assets in some cases. Argentina and Turkey suffered from strong and potentially disruptive exchange rate d… read more...

Can Emerging Markets Defy A Stronger Dollar?

via: SeekingAlpha at 2018-06-05 08:16:15:000

By Morgan Harting Turkey's currency crisis has spooked emerging market ((EM)) investors, especially amid growing concern about the strengthening US dollar. We think countries and companies in the developing world are actually much more resilient to a stronger dollar than in the past. The… read more...

A Spiking Dollar = Emerging Market Chaos, Part 2: The Story In 4 Charts

via: SeekingAlpha at 2018-06-04 11:06:15:000

For most of the past few years, emerging market stocks and bonds were among the favorite investments of everyone from hedge funds to pension funds to retirees. Now, not so much. The next two charts (courtesy of Saturday's Wall Street Journal ) show the huge recent run ending in Januar… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Emerging Markets - What Now?

via: SeekingAlpha at 2018-06-02 13:30:55:000

The Emerging Markets ended a 10-year bear market in Q1 '16, as the [[EEM]] (iShares MSCI Emerging Markets ETF) peaked in the $55 area in October 2007, the [[VWO]] (Vanguard FTSE Emerging Markets ETF) peaked near $58 in November 2007, where both bottomed in Q1 '16 near $30 per share. It was t… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

Chart Of The Week: Distribution Of Globalization's Gains

via: SeekingAlpha at 2018-06-01 17:09:32:000

By IMFBlog While globalization is generally good for economic growth, the benefits are subject to diminishing marginal returns, according to a recent study of 147 countries from 1970 to 2014. The study looks at how globalization affects the distribution of incomes across and within count… read more...

There's A Lot More To Come In The Emerging Markets Carnage

via: SeekingAlpha at 2018-05-30 08:38:14:000

The term "emerging markets" covers a rather large generalization. They are all different, but they are generally differentiated from developed markets by faster economic growth (from smaller per capita bases), faster demographic growth (in some cases), and in better long-term returns with high… read more...

There's A Lot More To Come In The Emerging Markets Carnage

via: SeekingAlpha at 2018-05-30 08:38:14:000

The term "emerging markets" covers a rather large generalization. They are all different, but they are generally differentiated from developed markets by faster economic growth (from smaller per capita bases), faster demographic growth (in some cases), and in better long-term returns with high… read more...

Emerging Market Risks Accelerate As Corporate Yield Curve Inverts

via: SeekingAlpha at 2018-05-30 07:17:41:000

By FS Staff FS Insider recently interviewed Chris Puplava, CIO of Financial Sense Wealth Management , to discuss the bonanza in stock buybacks by US companies, why risks are brewing for emerging markets, and how we now see an inversion in the "private" yield curve, which has flagged finan… read more...

Emerging Market Risks Accelerate As Corporate Yield Curve Inverts

via: SeekingAlpha at 2018-05-30 07:17:41:000

By FS Staff FS Insider recently interviewed Chris Puplava, CIO of Financial Sense Wealth Management , to discuss the bonanza in stock buybacks by US companies, why risks are brewing for emerging markets, and how we now see an inversion in the "private" yield curve, which has flagged finan… read more...

A Spiking Dollar = Emerging Market Chaos

via: SeekingAlpha at 2018-05-29 00:59:44:000

The dollar collapse thesis - which ends with all fiat currencies achieving their intrinsic value of zero - doesnt preclude some thrills and chills along the way, in which some currencies fall faster than others and wreak havoc on various parts of the global economy. This might be one… read more...

A Spiking Dollar = Emerging Market Chaos

via: SeekingAlpha at 2018-05-29 00:59:44:000

The dollar collapse thesis - which ends with all fiat currencies achieving their intrinsic value of zero - doesnt preclude some thrills and chills along the way, in which some currencies fall faster than others and wreak havoc on various parts of the global economy. This might be one… read more...

A Spiking Dollar = Emerging Market Chaos

via: SeekingAlpha at 2018-05-29 00:59:44:000

The dollar collapse thesis - which ends with all fiat currencies achieving their intrinsic value of zero - doesnt preclude some thrills and chills along the way, in which some currencies fall faster than others and wreak havoc on various parts of the global economy. This might be one… read more...

Public Service Announcement: There's No Such Thing As A 'Benign Fed Tightening Cycle'

via: SeekingAlpha at 2018-05-28 01:20:07:000

Ok, so there's a good bit of first-tier data coming out of the U.S. this week, which means traders coming back from the long weekend will need to be some semblance of sharp. What I wanted to draw your attention to as everyone looks ahead to PCE, ISM manufacturing and of course payrolls, is h… read more...

Public Service Announcement: There's No Such Thing As A 'Benign Fed Tightening Cycle'

via: SeekingAlpha at 2018-05-28 01:20:07:000

Ok, so there's a good bit of first-tier data coming out of the U.S. this week, which means traders coming back from the long weekend will need to be some semblance of sharp. What I wanted to draw your attention to as everyone looks ahead to PCE, ISM manufacturing and of course payrolls, is h… read more...

Public Service Announcement: There's No Such Thing As A 'Benign Fed Tightening Cycle'

via: SeekingAlpha at 2018-05-28 01:20:07:000

Ok, so there's a good bit of first-tier data coming out of the U.S. this week, which means traders coming back from the long weekend will need to be some semblance of sharp. What I wanted to draw your attention to as everyone looks ahead to PCE, ISM manufacturing and of course payrolls, is h… read more...

How Might Markets Fare The Rest Of The Year?

via: SeekingAlpha at 2018-05-26 03:26:46:000

On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sam Templeton, manager, global communications, discussed recent stock market performance, the impact of plunging currencies in Turkey and Argentina on emerging markets, and the recently released … read more...

How Might Markets Fare The Rest Of The Year?

via: SeekingAlpha at 2018-05-26 03:26:46:000

On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sam Templeton, manager, global communications, discussed recent stock market performance, the impact of plunging currencies in Turkey and Argentina on emerging markets, and the recently released … read more...

How Might Markets Fare The Rest Of The Year?

via: SeekingAlpha at 2018-05-26 03:26:46:000

On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sam Templeton, manager, global communications, discussed recent stock market performance, the impact of plunging currencies in Turkey and Argentina on emerging markets, and the recently released … read more...

How Might Markets Fare The Rest Of The Year?

via: SeekingAlpha at 2018-05-26 03:26:46:000

On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sam Templeton, manager, global communications, discussed recent stock market performance, the impact of plunging currencies in Turkey and Argentina on emerging markets, and the recently released … read more...

How Might Markets Fare The Rest Of The Year?

via: SeekingAlpha at 2018-05-26 03:26:46:000

On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sam Templeton, manager, global communications, discussed recent stock market performance, the impact of plunging currencies in Turkey and Argentina on emerging markets, and the recently released … read more...

Trading Trade Wars

via: SeekingAlpha at 2018-05-24 14:02:17:000

"Make love not war" is probably an adage appropriate for warring factions, but when war is over trade, even the most peace-seeking investor might be tempted to love the trade in the war, i.e. pursue opportunistic and strategic gains. One would think that the issues underlying trade spats grabb… read more...

Trading Trade Wars

via: SeekingAlpha at 2018-05-24 14:02:17:000

"Make love not war" is probably an adage appropriate for warring factions, but when war is over trade, even the most peace-seeking investor might be tempted to love the trade in the war, i.e. pursue opportunistic and strategic gains. One would think that the issues underlying trade spats grabb… read more...

Trading Trade Wars

via: SeekingAlpha at 2018-05-24 14:02:17:000

"Make love not war" is probably an adage appropriate for warring factions, but when war is over trade, even the most peace-seeking investor might be tempted to love the trade in the war, i.e. pursue opportunistic and strategic gains. One would think that the issues underlying trade spats grabb… read more...

Emerging And Developed Markets Have Been Equally Volatile

via: SeekingAlpha at 2018-05-24 01:45:38:000

Global Equity FVMR Snapshot Fundamentals: US still offers the highest ROE Global markets have a return on equity ((ROE)) of 14.0% and a 39.1% dividend payout ratio ((DPR)) according to consensus expectations. In 2018, Emerging markets are expected to be slightly less profitable with an RO… read more...

Emerging And Developed Markets Have Been Equally Volatile

via: SeekingAlpha at 2018-05-24 01:45:38:000

Global Equity FVMR Snapshot Fundamentals: US still offers the highest ROE Global markets have a return on equity ((ROE)) of 14.0% and a 39.1% dividend payout ratio ((DPR)) according to consensus expectations. In 2018, Emerging markets are expected to be slightly less profitable with an RO… read more...

Emerging And Developed Markets Have Been Equally Volatile

via: SeekingAlpha at 2018-05-24 01:45:38:000

Global Equity FVMR Snapshot Fundamentals: US still offers the highest ROE Global markets have a return on equity ((ROE)) of 14.0% and a 39.1% dividend payout ratio ((DPR)) according to consensus expectations. In 2018, Emerging markets are expected to be slightly less profitable with an RO… read more...

Emerging And Developed Markets Have Been Equally Volatile

via: SeekingAlpha at 2018-05-24 01:45:38:000

Global Equity FVMR Snapshot Fundamentals: US still offers the highest ROE Global markets have a return on equity ((ROE)) of 14.0% and a 39.1% dividend payout ratio ((DPR)) according to consensus expectations. In 2018, Emerging markets are expected to be slightly less profitable with an RO… read more...

Emerging And Developed Markets Have Been Equally Volatile

via: SeekingAlpha at 2018-05-24 01:45:38:000

Global Equity FVMR Snapshot Fundamentals: US still offers the highest ROE Global markets have a return on equity ((ROE)) of 14.0% and a 39.1% dividend payout ratio ((DPR)) according to consensus expectations. In 2018, Emerging markets are expected to be slightly less profitable with an RO… read more...

Emerging And Developed Markets Have Been Equally Volatile

via: SeekingAlpha at 2018-05-24 01:45:38:000

Global Equity FVMR Snapshot Fundamentals: US still offers the highest ROE Global markets have a return on equity ((ROE)) of 14.0% and a 39.1% dividend payout ratio ((DPR)) according to consensus expectations. In 2018, Emerging markets are expected to be slightly less profitable with an RO… read more...

Emerging And Developed Markets Have Been Equally Volatile

via: SeekingAlpha at 2018-05-24 01:45:38:000

Global Equity FVMR Snapshot Fundamentals: US still offers the highest ROE Global markets have a return on equity ((ROE)) of 14.0% and a 39.1% dividend payout ratio ((DPR)) according to consensus expectations. In 2018, Emerging markets are expected to be slightly less profitable with an RO… read more...

Keeping Track Of EM

via: SeekingAlpha at 2018-05-24 01:40:33:000

There's been a lot going on in emerging markets recently. Whether it's political drama in South Africa, Malaysian elections, Argentina's emergency rate hikes and request for IMF assistance, or the ongoing meltdown of the Turkish lira, it's all a lot to stay on top of. Especially for investors … read more...

Keeping Track Of EM

via: SeekingAlpha at 2018-05-24 01:40:33:000

There's been a lot going on in emerging markets recently. Whether it's political drama in South Africa, Malaysian elections, Argentina's emergency rate hikes and request for IMF assistance, or the ongoing meltdown of the Turkish lira, it's all a lot to stay on top of. Especially for investors … read more...

Keeping Track Of EM

via: SeekingAlpha at 2018-05-24 01:40:33:000

There's been a lot going on in emerging markets recently. Whether it's political drama in South Africa, Malaysian elections, Argentina's emergency rate hikes and request for IMF assistance, or the ongoing meltdown of the Turkish lira, it's all a lot to stay on top of. Especially for investors … read more...

Keeping Track Of EM

via: SeekingAlpha at 2018-05-24 01:40:33:000

There's been a lot going on in emerging markets recently. Whether it's political drama in South Africa, Malaysian elections, Argentina's emergency rate hikes and request for IMF assistance, or the ongoing meltdown of the Turkish lira, it's all a lot to stay on top of. Especially for investors … read more...

Keeping Track Of EM

via: SeekingAlpha at 2018-05-24 01:40:33:000

There's been a lot going on in emerging markets recently. Whether it's political drama in South Africa, Malaysian elections, Argentina's emergency rate hikes and request for IMF assistance, or the ongoing meltdown of the Turkish lira, it's all a lot to stay on top of. Especially for investors … read more...

Keeping Track Of EM

via: SeekingAlpha at 2018-05-24 01:40:33:000

There's been a lot going on in emerging markets recently. Whether it's political drama in South Africa, Malaysian elections, Argentina's emergency rate hikes and request for IMF assistance, or the ongoing meltdown of the Turkish lira, it's all a lot to stay on top of. Especially for investors … read more...

Keeping Track Of EM

via: SeekingAlpha at 2018-05-24 01:40:33:000

There's been a lot going on in emerging markets recently. Whether it's political drama in South Africa, Malaysian elections, Argentina's emergency rate hikes and request for IMF assistance, or the ongoing meltdown of the Turkish lira, it's all a lot to stay on top of. Especially for investors … read more...

Wednesday: Anatomy Of A Spillover

via: SeekingAlpha at 2018-05-23 23:09:09:000

I'm going to go out on a limb here and say that to the extent you didn't think Turkey mattered on Monday, you might have changed your mind over the last 48 hours. Blame it on two solid years of covering the country in a former life or just blame on my tendency to get tunnel vision when I fin… read more...

Wednesday: Anatomy Of A Spillover

via: SeekingAlpha at 2018-05-23 23:09:09:000

I'm going to go out on a limb here and say that to the extent you didn't think Turkey mattered on Monday, you might have changed your mind over the last 48 hours. Blame it on two solid years of covering the country in a former life or just blame on my tendency to get tunnel vision when I fin… read more...

Wednesday: Anatomy Of A Spillover

via: SeekingAlpha at 2018-05-23 23:09:09:000

I'm going to go out on a limb here and say that to the extent you didn't think Turkey mattered on Monday, you might have changed your mind over the last 48 hours. Blame it on two solid years of covering the country in a former life or just blame on my tendency to get tunnel vision when I fin… read more...

Wednesday: Anatomy Of A Spillover

via: SeekingAlpha at 2018-05-23 23:09:09:000

I'm going to go out on a limb here and say that to the extent you didn't think Turkey mattered on Monday, you might have changed your mind over the last 48 hours. Blame it on two solid years of covering the country in a former life or just blame on my tendency to get tunnel vision when I fin… read more...

Wednesday: Anatomy Of A Spillover

via: SeekingAlpha at 2018-05-23 23:09:09:000

I'm going to go out on a limb here and say that to the extent you didn't think Turkey mattered on Monday, you might have changed your mind over the last 48 hours. Blame it on two solid years of covering the country in a former life or just blame on my tendency to get tunnel vision when I fin… read more...

Wednesday: Anatomy Of A Spillover

via: SeekingAlpha at 2018-05-23 23:09:09:000

I'm going to go out on a limb here and say that to the extent you didn't think Turkey mattered on Monday, you might have changed your mind over the last 48 hours. Blame it on two solid years of covering the country in a former life or just blame on my tendency to get tunnel vision when I fin… read more...

Wednesday: Anatomy Of A Spillover

via: SeekingAlpha at 2018-05-23 23:09:09:000

I'm going to go out on a limb here and say that to the extent you didn't think Turkey mattered on Monday, you might have changed your mind over the last 48 hours. Blame it on two solid years of covering the country in a former life or just blame on my tendency to get tunnel vision when I fin… read more...

Keep Calm And Carry On In EM

via: SeekingAlpha at 2018-05-22 07:11:23:000

Key points Recent selling of emerging market ((EM)) assets creates a buying opportunity, particularly for equities. We are more cautious on EM debt. U.S. small caps hit a record high and Brent oil prices topped $80 a barrel. The 10-year U.S. Treasury yield hit its highest level in seven … read more...

Keep Calm And Carry On In EM

via: SeekingAlpha at 2018-05-22 07:11:23:000

Key points Recent selling of emerging market ((EM)) assets creates a buying opportunity, particularly for equities. We are more cautious on EM debt. U.S. small caps hit a record high and Brent oil prices topped $80 a barrel. The 10-year U.S. Treasury yield hit its highest level in seven … read more...

Keep Calm And Carry On In EM

via: SeekingAlpha at 2018-05-22 07:11:23:000

Key points Recent selling of emerging market ((EM)) assets creates a buying opportunity, particularly for equities. We are more cautious on EM debt. U.S. small caps hit a record high and Brent oil prices topped $80 a barrel. The 10-year U.S. Treasury yield hit its highest level in seven … read more...

Keep Calm And Carry On In EM

via: SeekingAlpha at 2018-05-22 07:11:23:000

Key points Recent selling of emerging market ((EM)) assets creates a buying opportunity, particularly for equities. We are more cautious on EM debt. U.S. small caps hit a record high and Brent oil prices topped $80 a barrel. The 10-year U.S. Treasury yield hit its highest level in seven … read more...

Keep Calm And Carry On In EM

via: SeekingAlpha at 2018-05-22 07:11:23:000

Key points Recent selling of emerging market ((EM)) assets creates a buying opportunity, particularly for equities. We are more cautious on EM debt. U.S. small caps hit a record high and Brent oil prices topped $80 a barrel. The 10-year U.S. Treasury yield hit its highest level in seven … read more...

Monday: False Start Or Start Your Engines?

via: SeekingAlpha at 2018-05-21 18:50:01:000

So, Monday was pretty interesting for a couple of reasons. As you're undoubtedly aware, Steve Mnuchin catalyzed a fairly broad-based relief rally for risk assets to start the week with comments he made on Sunday in an interview with Fox News. In keeping with the current administration's… read more...

Monday: False Start Or Start Your Engines?

via: SeekingAlpha at 2018-05-21 18:50:01:000

So, Monday was pretty interesting for a couple of reasons. As you're undoubtedly aware, Steve Mnuchin catalyzed a fairly broad-based relief rally for risk assets to start the week with comments he made on Sunday in an interview with Fox News. In keeping with the current administration's… read more...

Monday: False Start Or Start Your Engines?

via: SeekingAlpha at 2018-05-21 18:50:01:000

So, Monday was pretty interesting for a couple of reasons. As you're undoubtedly aware, Steve Mnuchin catalyzed a fairly broad-based relief rally for risk assets to start the week with comments he made on Sunday in an interview with Fox News. In keeping with the current administration's… read more...

Monday: False Start Or Start Your Engines?

via: SeekingAlpha at 2018-05-21 18:50:01:000

So, Monday was pretty interesting for a couple of reasons. As you're undoubtedly aware, Steve Mnuchin catalyzed a fairly broad-based relief rally for risk assets to start the week with comments he made on Sunday in an interview with Fox News. In keeping with the current administration's… read more...

Monday: False Start Or Start Your Engines?

via: SeekingAlpha at 2018-05-21 18:50:01:000

So, Monday was pretty interesting for a couple of reasons. As you're undoubtedly aware, Steve Mnuchin catalyzed a fairly broad-based relief rally for risk assets to start the week with comments he made on Sunday in an interview with Fox News. In keeping with the current administration's… read more...

Monday: False Start Or Start Your Engines?

via: SeekingAlpha at 2018-05-21 18:50:01:000

So, Monday was pretty interesting for a couple of reasons. As you're undoubtedly aware, Steve Mnuchin catalyzed a fairly broad-based relief rally for risk assets to start the week with comments he made on Sunday in an interview with Fox News. In keeping with the current administration's… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

JPMorgan adds to those warning on emerging markets

via: SeekingAlpha at 2018-05-21 10:40:13:000

"Carmen Reinhart dropped an interesting stink bomb on the markets last week," JPMorgan Asset Management Global CIO Bob Michele tells Bloomberg. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Markets ETF, iShares Core MSCI Emerging Markets ETF, Global news and forex… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

Over-Leverage Over-Tightens - Then It Snaps

via: SeekingAlpha at 2018-05-21 03:06:47:000

Leverage can be used in spectacular ways, whether it be to gain mechanical advantage such as the fulcrum and lever variety, all the way to the personal interactive type like that used in child rearing, i.e., No finished homework, no ______ (fill in the blank.) Then, of course, there's the more… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

EM Opportunity Knocks - What To Make Of The Recent Market Volatility

via: SeekingAlpha at 2018-05-20 07:40:44:000

Posted by Rashique Rahman, Sean Newman and Craig Altholz on May 18, 2018, in Fixed Income Following two consecutive years of double-digit returns in 2016 and 2017, emerging market ((EM)) debt 1 has had a rocky ride so far in 2018. However, in the view of Invesco Fixed Income, th… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Weekly Commentary: Crisis Watch

via: SeekingAlpha at 2018-05-19 13:28:19:000

Where to begin? Contagion The Argentine peso dropped another 5.0% this week, bringing y-t-d losses to 23.7%. The Turkish lira fell 3.9%, boosting 2018 losses to 15.4%. As notable, the Brazilian real dropped 3.7% (down 11.5% y-t-d), and the South African rand sank 4.0% (down 3.0% y-t-d)… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

Regretting It Already

via: SeekingAlpha at 2018-05-19 11:54:42:000

Last Sunday, I wrote a fun little something for this platform called " Jerome Powell May Live To Regret These Statements ", in which I flagged a series of comments the newly appointed Fed chair made at an IMF/SNB event earlier this month. Here, for anyone who missed it, is what Powell said… read more...

McCullough: Emerging Markets Can Get 'A Lot Worse'

via: SeekingAlpha at 2018-05-17 16:30:00:000

We warned investors about the bottoming U.S. dollar in early April, and explicitly said to avoid Emerging Market ( EEM ) equities , which would come under pressure. It's happening. The U.S. dollar is strengthening. Equity markets in Asia are in a nosedive. Currencies in Argentina and Turkey… read more...

McCullough: Emerging Markets Can Get 'A Lot Worse'

via: SeekingAlpha at 2018-05-17 16:30:00:000

We warned investors about the bottoming U.S. dollar in early April, and explicitly said to avoid Emerging Market ( EEM ) equities , which would come under pressure. It's happening. The U.S. dollar is strengthening. Equity markets in Asia are in a nosedive. Currencies in Argentina and Turkey… read more...

McCullough: Emerging Markets Can Get 'A Lot Worse'

via: SeekingAlpha at 2018-05-17 16:30:00:000

We warned investors about the bottoming U.S. dollar in early April, and explicitly said to avoid Emerging Market ( EEM ) equities , which would come under pressure. It's happening. The U.S. dollar is strengthening. Equity markets in Asia are in a nosedive. Currencies in Argentina and Turkey… read more...

The Pips Are Squeaking

via: SeekingAlpha at 2018-05-16 05:34:37:000

(Photo Credit: sid ) This should be a short post. I just want to note the degree of stress that many emerging market countries are under. The Fed raises rates, and something blows up. That is often the class of debt that has grown the most in the bull phase of the cycle, or the one that has… read more...

The Pips Are Squeaking

via: SeekingAlpha at 2018-05-16 05:34:37:000

(Photo Credit: sid ) This should be a short post. I just want to note the degree of stress that many emerging market countries are under. The Fed raises rates, and something blows up. That is often the class of debt that has grown the most in the bull phase of the cycle, or the one that has… read more...

The Pips Are Squeaking

via: SeekingAlpha at 2018-05-16 05:34:37:000

(Photo Credit: sid ) This should be a short post. I just want to note the degree of stress that many emerging market countries are under. The Fed raises rates, and something blows up. That is often the class of debt that has grown the most in the bull phase of the cycle, or the one that has… read more...

The Pips Are Squeaking

via: SeekingAlpha at 2018-05-16 05:34:37:000

(Photo Credit: sid ) This should be a short post. I just want to note the degree of stress that many emerging market countries are under. The Fed raises rates, and something blows up. That is often the class of debt that has grown the most in the bull phase of the cycle, or the one that has… read more...

The Pips Are Squeaking

via: SeekingAlpha at 2018-05-16 05:34:37:000

(Photo Credit: sid ) This should be a short post. I just want to note the degree of stress that many emerging market countries are under. The Fed raises rates, and something blows up. That is often the class of debt that has grown the most in the bull phase of the cycle, or the one that has… read more...

The Pips Are Squeaking

via: SeekingAlpha at 2018-05-16 05:34:37:000

(Photo Credit: sid ) This should be a short post. I just want to note the degree of stress that many emerging market countries are under. The Fed raises rates, and something blows up. That is often the class of debt that has grown the most in the bull phase of the cycle, or the one that has… read more...

The Pips Are Squeaking

via: SeekingAlpha at 2018-05-16 05:34:37:000

(Photo Credit: sid ) This should be a short post. I just want to note the degree of stress that many emerging market countries are under. The Fed raises rates, and something blows up. That is often the class of debt that has grown the most in the bull phase of the cycle, or the one that has… read more...

Argentina's Permanent Crisis

via: SeekingAlpha at 2018-05-16 01:11:03:000

Markets & Money Advisory's founder and CEO Lars Christensen comments on recent volatility in global Emerging Markets and particularly zooms in on Read more … read more...

Argentina's Permanent Crisis

via: SeekingAlpha at 2018-05-16 01:11:03:000

Markets & Money Advisory's founder and CEO Lars Christensen comments on recent volatility in global Emerging Markets and particularly zooms in on Read more … read more...

Argentina's Permanent Crisis

via: SeekingAlpha at 2018-05-16 01:11:03:000

Markets & Money Advisory's founder and CEO Lars Christensen comments on recent volatility in global Emerging Markets and particularly zooms in on Read more … read more...

Argentina's Permanent Crisis

via: SeekingAlpha at 2018-05-16 01:11:03:000

Markets & Money Advisory's founder and CEO Lars Christensen comments on recent volatility in global Emerging Markets and particularly zooms in on Read more … read more...

Argentina's Permanent Crisis

via: SeekingAlpha at 2018-05-16 01:11:03:000

Markets & Money Advisory's founder and CEO Lars Christensen comments on recent volatility in global Emerging Markets and particularly zooms in on Read more … read more...

Argentina's Permanent Crisis

via: SeekingAlpha at 2018-05-16 01:11:03:000

Markets & Money Advisory's founder and CEO Lars Christensen comments on recent volatility in global Emerging Markets and particularly zooms in on Read more … read more...

Argentina's Permanent Crisis

via: SeekingAlpha at 2018-05-16 01:11:03:000

Markets & Money Advisory's founder and CEO Lars Christensen comments on recent volatility in global Emerging Markets and particularly zooms in on Read more … read more...

Emerging Markets April 2018 Recap And Outlook: Look Beyond The Headlines

via: SeekingAlpha at 2018-05-16 01:04:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

Emerging Markets April 2018 Recap And Outlook: Look Beyond The Headlines

via: SeekingAlpha at 2018-05-16 01:04:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

Emerging Markets April 2018 Recap And Outlook: Look Beyond The Headlines

via: SeekingAlpha at 2018-05-16 01:04:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

Emerging Markets April 2018 Recap And Outlook: Look Beyond The Headlines

via: SeekingAlpha at 2018-05-16 01:04:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

Emerging Markets April 2018 Recap And Outlook: Look Beyond The Headlines

via: SeekingAlpha at 2018-05-16 01:04:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

Emerging Markets April 2018 Recap And Outlook: Look Beyond The Headlines

via: SeekingAlpha at 2018-05-16 01:04:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

Emerging Markets April 2018 Recap And Outlook: Look Beyond The Headlines

via: SeekingAlpha at 2018-05-16 01:04:21:000

By Manraj Sekhon, CFA, Chief Investment Officer, Franklin Templeton Emerging Markets Equity, and Chetan Sehgal, CFA, Senior Managing Director, Director of Portfolio Management, Franklin Templeton Emerging Markets Equity Franklin Templeton Emerging Markets Equity Chief Investment Officer M… read more...

The Big Data Divergence Of Monetary Policy

via: SeekingAlpha at 2018-05-15 14:50:22:000

Market overview As the Fed continues its march towards higher policy rates, financial markets keep wondering if the hiking cycle could inflict damage to the bright prospects of EM equities . We rely on Big Data techniques to provide a hint. The global economy has evolved from an accelerat… read more...

The Big Data Divergence Of Monetary Policy

via: SeekingAlpha at 2018-05-15 14:50:22:000

Market overview As the Fed continues its march towards higher policy rates, financial markets keep wondering if the hiking cycle could inflict damage to the bright prospects of EM equities . We rely on Big Data techniques to provide a hint. The global economy has evolved from an accelerat… read more...

The Big Data Divergence Of Monetary Policy

via: SeekingAlpha at 2018-05-15 14:50:22:000

Market overview As the Fed continues its march towards higher policy rates, financial markets keep wondering if the hiking cycle could inflict damage to the bright prospects of EM equities . We rely on Big Data techniques to provide a hint. The global economy has evolved from an accelerat… read more...

The Big Data Divergence Of Monetary Policy

via: SeekingAlpha at 2018-05-15 14:50:22:000

Market overview As the Fed continues its march towards higher policy rates, financial markets keep wondering if the hiking cycle could inflict damage to the bright prospects of EM equities . We rely on Big Data techniques to provide a hint. The global economy has evolved from an accelerat… read more...

The Big Data Divergence Of Monetary Policy

via: SeekingAlpha at 2018-05-15 14:50:22:000

Market overview As the Fed continues its march towards higher policy rates, financial markets keep wondering if the hiking cycle could inflict damage to the bright prospects of EM equities . We rely on Big Data techniques to provide a hint. The global economy has evolved from an accelerat… read more...

The Big Data Divergence Of Monetary Policy

via: SeekingAlpha at 2018-05-15 14:50:22:000

Market overview As the Fed continues its march towards higher policy rates, financial markets keep wondering if the hiking cycle could inflict damage to the bright prospects of EM equities . We rely on Big Data techniques to provide a hint. The global economy has evolved from an accelerat… read more...

The Superposition Principle

via: SeekingAlpha at 2018-05-15 06:10:52:000

The highest ecstasy is the attention at its fullest." - Simone Weil, French philosopher Watching with interest the Wilson cycle playing in earnest on some various Emerging Markets, leading to additional significant fund outflows in the process, with effectively our previously discussed rev… read more...

The Superposition Principle

via: SeekingAlpha at 2018-05-15 06:10:52:000

The highest ecstasy is the attention at its fullest." - Simone Weil, French philosopher Watching with interest the Wilson cycle playing in earnest on some various Emerging Markets, leading to additional significant fund outflows in the process, with effectively our previously discussed rev… read more...

The Superposition Principle

via: SeekingAlpha at 2018-05-15 06:10:52:000

The highest ecstasy is the attention at its fullest." - Simone Weil, French philosopher Watching with interest the Wilson cycle playing in earnest on some various Emerging Markets, leading to additional significant fund outflows in the process, with effectively our previously discussed rev… read more...

The Superposition Principle

via: SeekingAlpha at 2018-05-15 06:10:52:000

The highest ecstasy is the attention at its fullest." - Simone Weil, French philosopher Watching with interest the Wilson cycle playing in earnest on some various Emerging Markets, leading to additional significant fund outflows in the process, with effectively our previously discussed rev… read more...

The Superposition Principle

via: SeekingAlpha at 2018-05-15 06:10:52:000

The highest ecstasy is the attention at its fullest." - Simone Weil, French philosopher Watching with interest the Wilson cycle playing in earnest on some various Emerging Markets, leading to additional significant fund outflows in the process, with effectively our previously discussed rev… read more...

The Superposition Principle

via: SeekingAlpha at 2018-05-15 06:10:52:000

The highest ecstasy is the attention at its fullest." - Simone Weil, French philosopher Watching with interest the Wilson cycle playing in earnest on some various Emerging Markets, leading to additional significant fund outflows in the process, with effectively our previously discussed rev… read more...

18 Chart Crimes And Misdemeanors

via: SeekingAlpha at 2018-05-14 07:32:56:000

By Sloane Ortel Truth is relative, falsehoods are seductive, and shortcuts are commonplace. Chart crimes are a clear manifestation of this. These badly built graphics are blunders at best. Most commonly, they are financial fake news. It's not an antidote, but I think awareness will hel… read more...

18 Chart Crimes And Misdemeanors

via: SeekingAlpha at 2018-05-14 07:32:56:000

By Sloane Ortel Truth is relative, falsehoods are seductive, and shortcuts are commonplace. Chart crimes are a clear manifestation of this. These badly built graphics are blunders at best. Most commonly, they are financial fake news. It's not an antidote, but I think awareness will hel… read more...

EM Asia: Let The Chips Fall Where They May

via: SeekingAlpha at 2018-05-14 01:02:41:000

By Stephen Innes Malaysia Attention will be focused on the Malaysian onshore markets this morning after PM Mahathir's coalition triggered the circuit breakers and imposed a cooling off period for cash markets by declaring a two-day public holiday. Without cash markets and critical Mala… read more...

EM Asia: Let The Chips Fall Where They May

via: SeekingAlpha at 2018-05-14 01:02:41:000

By Stephen Innes Malaysia Attention will be focused on the Malaysian onshore markets this morning after PM Mahathir's coalition triggered the circuit breakers and imposed a cooling off period for cash markets by declaring a two-day public holiday. Without cash markets and critical Mala… read more...

Jerome Powell May Live To Regret These Statements

via: SeekingAlpha at 2018-05-13 11:04:16:000

While we like the fantasy of emerging markets being sanguine with higher rates and dollar, we know in our hearts it isnt true. That's from former trader turned Bloomberg columnist Richard Breslow's Friday column and he's of course referencing recent concerns about the resiliency of… read more...

Jerome Powell May Live To Regret These Statements

via: SeekingAlpha at 2018-05-13 11:04:16:000

While we like the fantasy of emerging markets being sanguine with higher rates and dollar, we know in our hearts it isnt true. That's from former trader turned Bloomberg columnist Richard Breslow's Friday column and he's of course referencing recent concerns about the resiliency of… read more...

Weekly Commentary: Disequilibrium

via: SeekingAlpha at 2018-05-13 01:36:36:000

Much to the consternation of our allies, President Trump withdraws from the Iran nuclear deal. WTI crude adds another 1.5% (up 17% y-t-d) this week to the high since November 2014. Iran and Israel moved closer to direct military confrontation. With even 40% rates unable to staunch the bleeding… read more...

Weekly Commentary: Disequilibrium

via: SeekingAlpha at 2018-05-13 01:36:36:000

Much to the consternation of our allies, President Trump withdraws from the Iran nuclear deal. WTI crude adds another 1.5% (up 17% y-t-d) this week to the high since November 2014. Iran and Israel moved closer to direct military confrontation. With even 40% rates unable to staunch the bleeding… read more...

Is U.S. Inflation Still Meeting Expectations?

via: SeekingAlpha at 2018-05-12 05:09:19:000

On the latest edition of Market Week in Review, Senior Quantitative Investment Strategy Analyst Kara Ng and Consulting Director Sophie Antal Gilbert discussed newly-released data on U.S. inflation, the impact of U.S. withdrawal from the Iran nuclear deal on oil prices and the recent perfo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

5 Ways To Help Navigate Choppy Markets

via: SeekingAlpha at 2018-02-15 19:47:39:000

Five themes to monitor as market volatility picks up. The recent burst of volatility has been unnerving, and has left many investors wondering what to do now. While it may be tempting to head for the exits, BlackRock's Global Chief Investment Strategist, Richard Turnill, notes that investo… read more...

A Banner Year For Emerging Markets In 2017

via: SeekingAlpha at 2018-02-14 04:47:57:000

By Mary Fjelstad, Senior Research Analyst The equity markets saw a breath of new life in 2017. Market participants showed signs of increased confidence and an enthusiasm for additional risk over the course of the year. One segment of the market that demonstrated this increase in risk appet… read more...

A Banner Year For Emerging Markets In 2017

via: SeekingAlpha at 2018-02-14 04:47:57:000

By Mary Fjelstad, Senior Research Analyst The equity markets saw a breath of new life in 2017. Market participants showed signs of increased confidence and an enthusiasm for additional risk over the course of the year. One segment of the market that demonstrated this increase in risk appet… read more...

A Banner Year For Emerging Markets In 2017

via: SeekingAlpha at 2018-02-14 04:47:57:000

By Mary Fjelstad, Senior Research Analyst The equity markets saw a breath of new life in 2017. Market participants showed signs of increased confidence and an enthusiasm for additional risk over the course of the year. One segment of the market that demonstrated this increase in risk appet… read more...

A Banner Year For Emerging Markets In 2017

via: SeekingAlpha at 2018-02-14 04:47:57:000

By Mary Fjelstad, Senior Research Analyst The equity markets saw a breath of new life in 2017. Market participants showed signs of increased confidence and an enthusiasm for additional risk over the course of the year. One segment of the market that demonstrated this increase in risk appet… read more...

A Banner Year For Emerging Markets In 2017

via: SeekingAlpha at 2018-02-14 04:47:57:000

By Mary Fjelstad, Senior Research Analyst The equity markets saw a breath of new life in 2017. Market participants showed signs of increased confidence and an enthusiasm for additional risk over the course of the year. One segment of the market that demonstrated this increase in risk appet… read more...

A Banner Year For Emerging Markets In 2017

via: SeekingAlpha at 2018-02-14 04:47:57:000

By Mary Fjelstad, Senior Research Analyst The equity markets saw a breath of new life in 2017. Market participants showed signs of increased confidence and an enthusiasm for additional risk over the course of the year. One segment of the market that demonstrated this increase in risk appet… read more...

A Banner Year For Emerging Markets In 2017

via: SeekingAlpha at 2018-02-14 04:47:57:000

By Mary Fjelstad, Senior Research Analyst The equity markets saw a breath of new life in 2017. Market participants showed signs of increased confidence and an enthusiasm for additional risk over the course of the year. One segment of the market that demonstrated this increase in risk appet… read more...

Vol: LOV 'EM

via: SeekingAlpha at 2018-02-13 18:23:06:000

'Tis the season for love but not a lot of love's been lost on volatility - markets' long forgotten Valentine - in the gallons of ink that have been spilled on why it happened and reassurances that "it's OK, don't panic". While we would not be qualified to call this the beginning of the end to … read more...

Vol: LOV 'EM

via: SeekingAlpha at 2018-02-13 18:23:06:000

'Tis the season for love but not a lot of love's been lost on volatility - markets' long forgotten Valentine - in the gallons of ink that have been spilled on why it happened and reassurances that "it's OK, don't panic". While we would not be qualified to call this the beginning of the end to … read more...

Vol: LOV 'EM

via: SeekingAlpha at 2018-02-13 18:23:06:000

'Tis the season for love but not a lot of love's been lost on volatility - markets' long forgotten Valentine - in the gallons of ink that have been spilled on why it happened and reassurances that "it's OK, don't panic". While we would not be qualified to call this the beginning of the end to … read more...

A Country Picker's Market

via: SeekingAlpha at 2018-02-13 08:47:29:000

It's a country picker's market. The most synchronized global economy in a decade comes with an unusual counterpart: the most unsynchronized global equity markets in over a decade. Country differentiation will become increasingly important as a mix of country-level risks and macro themes play… read more...

A Country Picker's Market

via: SeekingAlpha at 2018-02-13 08:47:29:000

It's a country picker's market. The most synchronized global economy in a decade comes with an unusual counterpart: the most unsynchronized global equity markets in over a decade. Country differentiation will become increasingly important as a mix of country-level risks and macro themes play… read more...

A Country Picker's Market

via: SeekingAlpha at 2018-02-13 08:47:29:000

It's a country picker's market. The most synchronized global economy in a decade comes with an unusual counterpart: the most unsynchronized global equity markets in over a decade. Country differentiation will become increasingly important as a mix of country-level risks and macro themes play… read more...

2018 Investment Outlook: Eyes On Central Banks And Emerging Markets

via: SeekingAlpha at 2018-02-13 00:25:09:000

Gillian Kemmerer: Welcome. I'm Gillian Kemmerer. From a new global rate regime to one of the longest bull runs in U.S. history, 2018 is set to be an interesting year across asset classes. VanEck CEO, Jan van Eck, joins me in the studio to discuss his view of the macro landscape and to s… read more...

2018 Investment Outlook: Eyes On Central Banks And Emerging Markets

via: SeekingAlpha at 2018-02-13 00:25:09:000

Gillian Kemmerer: Welcome. I'm Gillian Kemmerer. From a new global rate regime to one of the longest bull runs in U.S. history, 2018 is set to be an interesting year across asset classes. VanEck CEO, Jan van Eck, joins me in the studio to discuss his view of the macro landscape and to s… read more...

2018 Investment Outlook: Eyes On Central Banks And Emerging Markets

via: SeekingAlpha at 2018-02-13 00:25:09:000

Gillian Kemmerer: Welcome. I'm Gillian Kemmerer. From a new global rate regime to one of the longest bull runs in U.S. history, 2018 is set to be an interesting year across asset classes. VanEck CEO, Jan van Eck, joins me in the studio to discuss his view of the macro landscape and to s… read more...

From Greed To Fear

via: SeekingAlpha at 2018-02-11 12:36:31:000

By Valentin Schmid The 4 percent crash in the U.S. dollar in January didn't harm the stock market, given that the S&P 500 rose 7.4 percent through January before the recent crash. Neither did the 0.45 percent rise in yields to 2.85 percent on the 10-year Treasury. People thought thos… read more...

From Greed To Fear

via: SeekingAlpha at 2018-02-11 12:36:31:000

By Valentin Schmid The 4 percent crash in the U.S. dollar in January didn't harm the stock market, given that the S&P 500 rose 7.4 percent through January before the recent crash. Neither did the 0.45 percent rise in yields to 2.85 percent on the 10-year Treasury. People thought thos… read more...

From Greed To Fear

via: SeekingAlpha at 2018-02-11 12:36:31:000

By Valentin Schmid The 4 percent crash in the U.S. dollar in January didn't harm the stock market, given that the S&P 500 rose 7.4 percent through January before the recent crash. Neither did the 0.45 percent rise in yields to 2.85 percent on the 10-year Treasury. People thought thos… read more...

Why EM Debt Investors Don't Worry About Rising U.S. Rates

via: SeekingAlpha at 2018-02-06 07:07:40:000

Some investors aren't very concerned about Fed policy and rising US interest rates. That's because history has shown that emerging-market debt ((EMD)) frequently posts positive returns even when US bond yields rise. We demonstrated this by dividing the history of the 10-year US Treasury yiel… read more...

Why EM Debt Investors Don't Worry About Rising U.S. Rates

via: SeekingAlpha at 2018-02-06 07:07:40:000

Some investors aren't very concerned about Fed policy and rising US interest rates. That's because history has shown that emerging-market debt ((EMD)) frequently posts positive returns even when US bond yields rise. We demonstrated this by dividing the history of the 10-year US Treasury yiel… read more...

Why EM Debt Investors Don't Worry About Rising U.S. Rates

via: SeekingAlpha at 2018-02-06 07:07:40:000

Some investors aren't very concerned about Fed policy and rising US interest rates. That's because history has shown that emerging-market debt ((EMD)) frequently posts positive returns even when US bond yields rise. We demonstrated this by dividing the history of the 10-year US Treasury yiel… read more...

Emerging Markets: 3 Key Insights For 2018

via: SeekingAlpha at 2018-02-06 01:31:04:000

By Edward Kerschner, Chief Portfolio Strategist The risks of emerging markets are different from developed markets. But they also present growth opportunities that are too big to ignore. Emerging markets sparked a lot of inquiries from advisors and investors in the past year. Those who… read more...

Emerging Markets: 3 Key Insights For 2018

via: SeekingAlpha at 2018-02-06 01:31:04:000

By Edward Kerschner, Chief Portfolio Strategist The risks of emerging markets are different from developed markets. But they also present growth opportunities that are too big to ignore. Emerging markets sparked a lot of inquiries from advisors and investors in the past year. Those who… read more...

Emerging Markets: 3 Key Insights For 2018

via: SeekingAlpha at 2018-02-06 01:31:04:000

By Edward Kerschner, Chief Portfolio Strategist The risks of emerging markets are different from developed markets. But they also present growth opportunities that are too big to ignore. Emerging markets sparked a lot of inquiries from advisors and investors in the past year. Those who… read more...

Emerging Markets: Because That's Where The Growth Is

via: SeekingAlpha at 2018-02-05 06:42:20:000

Why invest in emerging markets? Mr. Mobius wrote in The Little Book of Emerging Markets , published in 2012. Because thats where the growth is. Mark Mobius invested in emerging markets before the term was even used in financial markets. Emerging mark… read more...

Emerging Markets: Because That's Where The Growth Is

via: SeekingAlpha at 2018-02-05 06:42:20:000

Why invest in emerging markets? Mr. Mobius wrote in The Little Book of Emerging Markets , published in 2012. Because thats where the growth is. Mark Mobius invested in emerging markets before the term was even used in financial markets. Emerging mark… read more...

Emerging Markets: Because That's Where The Growth Is

via: SeekingAlpha at 2018-02-05 06:42:20:000

Why invest in emerging markets? Mr. Mobius wrote in The Little Book of Emerging Markets , published in 2012. Because thats where the growth is. Mark Mobius invested in emerging markets before the term was even used in financial markets. Emerging mark… read more...

Are Emerging Markets Set To Lead In Stock Market Growth?

via: SeekingAlpha at 2018-02-05 05:36:34:000

I believe that paying attention to people you disagree with is worth it. And I had a great example of this recently. I've read the quarterly letters from institutional fund manager GMO for years. They are thoughtful and freely accessible. Most of the time, I find parts of their conclusions… read more...

Are Emerging Markets Set To Lead In Stock Market Growth?

via: SeekingAlpha at 2018-02-05 05:36:34:000

I believe that paying attention to people you disagree with is worth it. And I had a great example of this recently. I've read the quarterly letters from institutional fund manager GMO for years. They are thoughtful and freely accessible. Most of the time, I find parts of their conclusions… read more...

Are Emerging Markets Set To Lead In Stock Market Growth?

via: SeekingAlpha at 2018-02-05 05:36:34:000

I believe that paying attention to people you disagree with is worth it. And I had a great example of this recently. I've read the quarterly letters from institutional fund manager GMO for years. They are thoughtful and freely accessible. Most of the time, I find parts of their conclusions… read more...

Dr. Mobius And The Evolution Of Emerging Market Equities

via: SeekingAlpha at 2018-02-04 04:06:41:000

By Jake Moeller Occasionally, the global mutual fund industry produces a fund manager whose name becomes familiar even to those outside its usual orbit. One of these doyens, Franklin Templeton's emerging markets ((EM)) pioneer, Dr. Mark Mobius, is set to retire after an esteemed 30-year … read more...

Dr. Mobius And The Evolution Of Emerging Market Equities

via: SeekingAlpha at 2018-02-04 04:06:41:000

By Jake Moeller Occasionally, the global mutual fund industry produces a fund manager whose name becomes familiar even to those outside its usual orbit. One of these doyens, Franklin Templeton's emerging markets ((EM)) pioneer, Dr. Mark Mobius, is set to retire after an esteemed 30-year … read more...

Dr. Mobius And The Evolution Of Emerging Market Equities

via: SeekingAlpha at 2018-02-04 04:06:41:000

By Jake Moeller Occasionally, the global mutual fund industry produces a fund manager whose name becomes familiar even to those outside its usual orbit. One of these doyens, Franklin Templeton's emerging markets ((EM)) pioneer, Dr. Mark Mobius, is set to retire after an esteemed 30-year … read more...

For Emerging Markets, It's Really The 'Economy Stupid'

via: SeekingAlpha at 2018-01-31 04:03:30:000

Russ discusses why the case for emerging market stocks right now simply rests on concept of solid global growth. The mood in Davos was buoyant and the IMF just upgraded estimates for global growth. Cynical investors could be forgiven for viewing both of these developments as contrary indic… read more...

For Emerging Markets, It's Really The 'Economy Stupid'

via: SeekingAlpha at 2018-01-31 04:03:30:000

Russ discusses why the case for emerging market stocks right now simply rests on concept of solid global growth. The mood in Davos was buoyant and the IMF just upgraded estimates for global growth. Cynical investors could be forgiven for viewing both of these developments as contrary indic… read more...

For Emerging Markets, It's Really The 'Economy Stupid'

via: SeekingAlpha at 2018-01-31 04:03:30:000

Russ discusses why the case for emerging market stocks right now simply rests on concept of solid global growth. The mood in Davos was buoyant and the IMF just upgraded estimates for global growth. Cynical investors could be forgiven for viewing both of these developments as contrary indic… read more...

Market Excesses Herald Crisis

via: SeekingAlpha at 2018-01-30 05:50:22:000

Many years of highly unorthodox monetary policies by the world's major central banks would have shocked the late Hyman Minsky, the renowned US credit cycle scholar. These policies have led to excesses in global asset prices and the gross mispricing of credit risk. He would have reminded us tha… read more...

Market Excesses Herald Crisis

via: SeekingAlpha at 2018-01-30 05:50:22:000

Many years of highly unorthodox monetary policies by the world's major central banks would have shocked the late Hyman Minsky, the renowned US credit cycle scholar. These policies have led to excesses in global asset prices and the gross mispricing of credit risk. He would have reminded us tha… read more...

Market Excesses Herald Crisis

via: SeekingAlpha at 2018-01-30 05:50:22:000

Many years of highly unorthodox monetary policies by the world's major central banks would have shocked the late Hyman Minsky, the renowned US credit cycle scholar. These policies have led to excesses in global asset prices and the gross mispricing of credit risk. He would have reminded us tha… read more...

EM Equity Valuations - Not Cheap Anymore

via: SeekingAlpha at 2018-01-29 02:09:33:000

Emerging Market Equities have seen an incredible run since the 2016 bottom (not to make a song and dance about it, but that was about when I turned bullish on EM equities, just saying…). To throw a few statistics and data-points around: the MSCI EM Index is up 85% since the bottom in Janua... read more...

EM Equity Valuations - Not Cheap Anymore

via: SeekingAlpha at 2018-01-29 02:09:33:000

Emerging Market Equities have seen an incredible run since the 2016 bottom (not to make a song and dance about it, but that was about when I turned bullish on EM equities, just saying…). To throw a few statistics and data-points around: the MSCI EM Index is up 85% since the bottom in Janua... read more...

EM Equity Valuations - Not Cheap Anymore

via: SeekingAlpha at 2018-01-29 02:09:33:000

Emerging Market Equities have seen an incredible run since the 2016 bottom (not to make a song and dance about it, but that was about when I turned bullish on EM equities, just saying…). To throw a few statistics and data-points around: the MSCI EM Index is up 85% since the bottom in Janua... read more...

The 3 Likeliest Causes Of The Next Emerging Markets Correction

via: SeekingAlpha at 2018-01-27 11:46:37:000

By Christopher Smart Markets power higher, apparently oblivious to the signs that they should be topping out. Handwringing about stretched price-to-earnings ratios, tight bond spreads and Bitcoin mania hardly matter amid a rare and roughly consistent story of synchronized global growth and… read more...

The 3 Likeliest Causes Of The Next Emerging Markets Correction

via: SeekingAlpha at 2018-01-27 11:46:37:000

By Christopher Smart Markets power higher, apparently oblivious to the signs that they should be topping out. Handwringing about stretched price-to-earnings ratios, tight bond spreads and Bitcoin mania hardly matter amid a rare and roughly consistent story of synchronized global growth and… read more...

The 3 Likeliest Causes Of The Next Emerging Markets Correction

via: SeekingAlpha at 2018-01-27 11:46:37:000

By Christopher Smart Markets power higher, apparently oblivious to the signs that they should be topping out. Handwringing about stretched price-to-earnings ratios, tight bond spreads and Bitcoin mania hardly matter amid a rare and roughly consistent story of synchronized global growth and… read more...

The 3 Likeliest Causes Of The Next Emerging Markets Correction

via: SeekingAlpha at 2018-01-27 11:46:37:000

By Christopher Smart Markets power higher, apparently oblivious to the signs that they should be topping out. Handwringing about stretched price-to-earnings ratios, tight bond spreads and Bitcoin mania hardly matter amid a rare and roughly consistent story of synchronized global growth and… read more...

The 3 Likeliest Causes Of The Next Emerging Markets Correction

via: SeekingAlpha at 2018-01-27 11:46:37:000

By Christopher Smart Markets power higher, apparently oblivious to the signs that they should be topping out. Handwringing about stretched price-to-earnings ratios, tight bond spreads and Bitcoin mania hardly matter amid a rare and roughly consistent story of synchronized global growth and… read more...

Many Reasons To Be Cheerful About 2018

via: SeekingAlpha at 2018-01-26 03:43:25:000

Continuing Strong Performance in 4Q'17 During the quarter, VanEck's emerging markets equity strategy returned 8.26% (measured by VanEck Emerging Markets Fund, Class A (GBFAX) , excluding sales charge). On a relative basis, the Fund outperformed its benchmark, the MSCI Emerging Markets Inves… read more...

Many Reasons To Be Cheerful About 2018

via: SeekingAlpha at 2018-01-26 03:43:25:000

Continuing Strong Performance in 4Q'17 During the quarter, VanEck's emerging markets equity strategy returned 8.26% (measured by VanEck Emerging Markets Fund, Class A (GBFAX) , excluding sales charge). On a relative basis, the Fund outperformed its benchmark, the MSCI Emerging Markets Inves… read more...

Many Reasons To Be Cheerful About 2018

via: SeekingAlpha at 2018-01-26 03:43:25:000

Continuing Strong Performance in 4Q'17 During the quarter, VanEck's emerging markets equity strategy returned 8.26% (measured by VanEck Emerging Markets Fund, Class A (GBFAX) , excluding sales charge). On a relative basis, the Fund outperformed its benchmark, the MSCI Emerging Markets Inves… read more...

Many Reasons To Be Cheerful About 2018

via: SeekingAlpha at 2018-01-26 03:43:25:000

Continuing Strong Performance in 4Q'17 During the quarter, VanEck's emerging markets equity strategy returned 8.26% (measured by VanEck Emerging Markets Fund, Class A (GBFAX) , excluding sales charge). On a relative basis, the Fund outperformed its benchmark, the MSCI Emerging Markets Inves… read more...

Many Reasons To Be Cheerful About 2018

via: SeekingAlpha at 2018-01-26 03:43:25:000

Continuing Strong Performance in 4Q'17 During the quarter, VanEck's emerging markets equity strategy returned 8.26% (measured by VanEck Emerging Markets Fund, Class A (GBFAX) , excluding sales charge). On a relative basis, the Fund outperformed its benchmark, the MSCI Emerging Markets Inves… read more...

Many Reasons To Be Cheerful About 2018

via: SeekingAlpha at 2018-01-26 03:43:25:000

Continuing Strong Performance in 4Q'17 During the quarter, VanEck's emerging markets equity strategy returned 8.26% (measured by VanEck Emerging Markets Fund, Class A (GBFAX) , excluding sales charge). On a relative basis, the Fund outperformed its benchmark, the MSCI Emerging Markets Inves… read more...

The GDP Of Bridges To Nowhere

via: SeekingAlpha at 2018-01-26 03:21:26:000

In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input rather than an output radically changes its meaning and… read more...

The GDP Of Bridges To Nowhere

via: SeekingAlpha at 2018-01-26 03:21:26:000

In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input rather than an output radically changes its meaning and… read more...

The GDP Of Bridges To Nowhere

via: SeekingAlpha at 2018-01-26 03:21:26:000

In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input rather than an output radically changes its meaning and… read more...

The GDP Of Bridges To Nowhere

via: SeekingAlpha at 2018-01-26 03:21:26:000

In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input rather than an output radically changes its meaning and… read more...

The GDP Of Bridges To Nowhere

via: SeekingAlpha at 2018-01-26 03:21:26:000

In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input rather than an output radically changes its meaning and… read more...

The GDP Of Bridges To Nowhere

via: SeekingAlpha at 2018-01-26 03:21:26:000

In most economies, GDP growth is a measure of economic output generated by the performance of the underlying economy. In China, however, Beijing sets annual GDP growth targets it expects to meet. Turning GDP growth into an economic input rather than an output radically changes its meaning and… read more...

Still room to run for emerging markets?

via: SeekingAlpha at 2018-01-22 15:54:49:000

Emerging market stocks were abandoned by many after being routed in the first three weeks of 2016. In the two years since, though, the MSCI Emerging Markets Index has gained 80%, including a blazing start to 2018. More news on: iShares MSCI Emerging Markets ETF, Vanguard FTSE Emerging Mark… read more...

Spreading For Spread: EM Long/Short Corporate Debt

via: SeekingAlpha at 2018-01-18 11:48:55:000

Happy New Year, as happiness abounds in global markets unabated. Killjoys we are not and gladly defer to the multitude of market pundits whose market prognosis punctuated with risks have been sitting in many an inbox for the last few months. But as researchers and investors, prudence dictates … read more...

Shifting Wealth And Global Wealth Inequality

via: SeekingAlpha at 2018-01-17 08:21:33:000

Piketty's (2014) celebrated analysis has focused on wealth inequality within countries 1 . But world wealth inequality also depends on the rise or fall of wealth in different countries and regions. An important element in the current evolution of wealth inequality is the role played by the fas… read more...

7 Portfolio Ideas For 2018

via: SeekingAlpha at 2018-01-16 20:47:22:000

Richard shares seven investing ideas to consider as 2018 gets underway. We see three key themes shaping economies and markets in 2018: Room to run, inflation comeback and reduced reward for risk. The first focuses on our outlook for a steady expansion. The second calls for an inflation r… read more...

The Best Way To Invest Money Into Germany

via: SeekingAlpha at 2018-01-15 07:33:24:000

Jordan: Hello again, everyone, and welcome back to the Atlas Investor podcast with Tiho Brkan. Thank you so much for joining us today for episode number eight. Tiho, my friend, how are you doing today? Tiho Brkan: Jordan, I'm doing very, very well. Thank you for asking me that … read more...

Differentiated Opportunities: EM Corporate Debt And Equities

via: SeekingAlpha at 2018-01-14 05:00:17:000

Debt: Delving into Diversity Emerging market ((EM)) economies now represent a significant share of global GDP. According to the International Monetary Fund, more than 58% of GDP derives from EM countries, based on purchasing power parity. In the past, emerging markets were associated almost … read more...

Happy New Year For 2018! Economic Outlook And Investment Strategy

via: SeekingAlpha at 2018-01-12 05:25:16:000

Happy New Year to all my Econoblog readers, and readers through the syndication to Seeking Alpha. As usual, I will try and distill my "top-down" macro views for prospects for 2018 in terms of economic growth, the stock market, and interest rates. Backdrop As we enter the 10th year since th… read more...

Short And Sharp: The U.S. Dollar Can't Catch A Break

via: SeekingAlpha at 2018-01-12 03:41:45:000

By Seema Shah, Global Investment Strategist, Principal Global Investors Last year, the U.S. Dollar Index, a measure of the U.S. currency's strength against a basket of foreign currencies, weakened almost 10%. This was the index's worst performance in more than a decade. Meanwhile, the U.S…. read more...

Ex-Date Payment Date Record Date Declared Date Amount Flag Dividend Type Qualified Indicated
2017-12-18 2017-12-29 2017-12-19 2017-12-15 0.10395 Dividend income
2017-09-18 2017-10-31 2017-09-19 2017-09-15 0.405 Dividend income
2017-06-16 2017-07-31 2017-06-20 2017-06-15 0.15885 Dividend income
2017-03-17 2017-04-28 2017-03-21 2017-03-16 0.02065 Dividend income
2016-12-16 2016-12-30 2016-12-20 2016-12-15 0.16276 Dividend income
2016-06-17 2016-07-29 2016-06-21 2016-06-16 0.12821 Dividend income
2016-03-18 2016-04-29 2016-03-22 2016-03-17 0.01333 Dividend income
2015-12-18 2015-12-31 2015-12-22 2015-12-17 0.30287 Dividend income
2015-09-18 2015-10-30 2015-09-22 2015-09-17 0.43159 Dividend income
2015-07-31 2015-07-31 SU Dividend income
2015-03-20 2015-04-30 2015-03-24 2015-03-19 0.018 Dividend income
2014-12-19 2014-12-31 2014-12-23 2014-12-18 0.43782 UR Dividend income
2014-09-19 2014-10-31 2014-09-23 2014-09-18 0.29462 UR Dividend income
2014-06-20 2014-07-31 2014-06-24 2014-01-13 0.10496 UR Dividend income
2014-03-21 2014-04-30 2014-03-25 2014-01-13 SU Dividend income
2013-12-20 2013-12-31 2013-12-24 2013-12-19 0.43058 Dividend income
2013-09-20 2013-10-31 2013-09-24 2013-09-19 0.21797 Dividend income
2013-06-21 2013-07-31 2013-06-25 2013-06-20 0.31198 Dividend income
2013-04-30 2013-04-30 SU Dividend income
2013-03-15 2013-04-30 2013-03-19 UR Dividend income
Ex-Date Declared Date Record Date Payment Date Ratio To Factor For Factor
Data provided for free by IEX