Category Archives: Emerging Markets

The Gathering Storm In The Treasury Market

Posted on September 21, 2018 by macromon

Summary Our analysis provides kind of a Grand Unified Theory (GUT) of what is currently taking place in global financial markets The massive borrowing by the U.S. Treasury is crowding out emerging markets capital flows The structural factors that have kept long-term … Continue reading →

Posted in Black Swan Watch, Bonds, Budget Deficit, Capital Flows, Emerging Markets, Fiscal Policy, Interest Rates, Uncategorized | Tagged , , | 54 Comments

Asian markets versus other developing economies – FT

Posted on September 16, 2018 by macromon
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“Yield-to-Death”: Tepper’s First EM Investment

Posted on September 13, 2018 by macromon

“What is the yield-to-death?” Those words spoken by the legendary hedge fund king, and new owner of the Carolina Panthers, David Tepper, to my salesperson in 1993 when we were trying to convince him to buy a chunk of Peruvian … Continue reading →

Posted in Bonds, Emerging Markets, Uncategorized | Tagged , | 8 Comments

The moment ‘Brazil’s Donald Trump’ is stabbed at election rally

Posted on September 9, 2018 by macromon

RARELY has the aphorism “what doesn’t kill you makes you stronger” been more apt… Doctors said Mr Bolsonaro will be hospitalised for at least a week. But with a month left before the first round of the election on October … Continue reading →

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Checking In On The Indicator Species

Posted on August 30, 2018 by macromon

How are the indicator species of the global monetary ecosystem doing? Emerging markets and commodities are the first to feel the impact of tighter global liquidity.  – GMM, “Feels Like 1997,”  August 15th Charlie, once again, hits it out of the … Continue reading →

Posted in Emerging Markets, Uncategorized | Tagged , | 28 Comments

EM Debt Flows

Posted on August 29, 2018 by macromon

Hat Tip:   @tracyalloway

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Other Fowl Plays In The Emerging Markets

Posted on August 19, 2018 by macromon

Fowl Play? The Twisted Linguistics of Turkey American turkeys and African guinea fowl, victims of Portuguese vagary, became inextricably mixed. Today the geographically garbled turkey is known as dinde (from poule d’Inde or chicken of India) in France, kalkoen (from Calicut hen) in the Netherlands, and indjushka (Indian … Continue reading →

Posted in Black Swan Watch, Emerging Markets, Uncategorized | Tagged , , , , | 13 Comments

Pakistan election: Challenges over economy and legitimacy

Posted on July 29, 2018 by macromon

FT South Asia correspondent Kiran Stacey looks at the challenges facing the victor of Pakistan’s election, Imran Khan, over his legitimacy following vote-rigging claims and an economic crisis that could lead to an IMF bailout. ► Subscribe to FT.com here: … Continue reading →

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