Emerging Money Daily Audio Call September 21 - The day after the Fed, markets are telling us that there is some sense of relief the Fed wasn't more hawkish ( which was the early response) even though we have a higher probability of a December hike.
Meanwhile Draghi spoke this AM in Europe and...
Fed is out this afternoon and while we do not expect an overly aggressive Fed, the very nature of the QT is something the market should not like – even if it means we are past the point of extraordinary accommodation.
http://cnb.cx/2jJI2F7
Anticipation ahead of Fed policy announcements is...
Emerging Money Daily Audio Call September 18 - With the Fed on deck later in the week, global markets are slowly bidding up rates.
On the call today we discuss Emerging Markets and why the character change for the asset class supports the spread trade to the S&P, currently pushing to new...
Emerging Money Daily Audio Call September 15 - Higher rates mean higher banks especially those most geared to the yield curve which we argue is European financials more than US financials.
The energy sector remains under allocated in notably under loved.
Oil prices continue to inch higher...
Emerging Money Daily Audio Call September 12 - Higher rates mean higher banks especially those most geared to the yield curve which we argue is European financials more than US financials.
The energy sector remains under allocated in notably under loved. Oil prices continue to inch higher...
September 11 is a day that requires major reflection for those lives lost and how our way of living was forever changed.
Today's call focuses on the global trade which continues to outperform the US trade. Weekend data from China is supporting our call on continued industrial and reflation...
Emerging Money Daily Audio Call September 8 - As we recap the week and look to next week, markets remain caught between earnings season and political footballs in Washington and in Korea.
The ECB was the story of the week for us, or at least the way the market responded. The moves in the...
On a day when Mario Draghi has reinforced why investors must be careful when everyone moves to one side of the boat, its worth bring up a chart of EM equities long term, using long term moving indicators. Today Mario Draghi reinforced the concept that the Euro can move even higher relative to the USD as the ECB considers pulling back on bond buying. The impact today for the USD/EUR cross is dramaitc despite the writing on the wall. The DXY index which is mostly a Euro and Yen basket, is again under attack and about to break critical techincal levels to the downside. For EM equities it may be another leg higher, in what has been a strong road back to global asset allocation relevance...
Emerging Money Daily Audio Call September 7 - Mario Draghi was the story of the day and the Dollar chart is ugly, but it should not surprise if the DXY is really about USD/EUR.
We explain why 1.30 on the Euro makes sense and why this is huge for EU financials.
Why has Brazil gone parabolic? ...