Markets

"As much as I would like to buck the bearish sentiment, I continue to see EM as an underweight, in currencies, bonds and equities." That's how I ended the last post. Yet, at the same time, even as crisis deepens in the emerging markets,…

Emerging market equities are in a bear market as of today. So, right now, everyone seems to be talking about contagion in the emerging markets. As the day began, the US dollar was posting gains against most currencies, emerging market and…

Short-term and long-term interest rates in the US have overtaken those in Australia for the first time in a number of years, with the Reserve Bank of Australia predicted to be on hold for another two years. This makes funding via US…

A lot of people are still watching the flattening yield curve and distress in EM. And while I think both of these events are important, I am looking at a lot of other market signals, particularly US domestic credit markets. Here are some…

JPMorgan Chase's price target reduction for Tesla is the clearest indication yet of a shift in sentiment that investors should see as a broader risk-off marker.

I am looking at the emerging markets turmoil as fundamentally strong dollar-driven. But other central banks may enter the picture soon.

I don't think we are at a point yet where what's happening in Turkey can be called an emerging markets crisis. Right now, it's mostly about Turkey, though there are signs of contagion via currency effects and concerns about creditors of…

Some figures on the Q2 2018 earnings season

Russell Napier makes some astute observations about money supply growth and the still potent threat of debt deflation dynamics

The way to think of a flattening yield curve is as a signal that the market expects Fed tightening to precipitate a slowdown that halts or even reverses future hikes. It's the market's way of saying they expect the Fed to tighten and then…