via @Trinhnomics:
a) Euro area better obvs thanks to NIRP;
b) USA & Japan got BETTER 💪🏻💪🏻;
c) Canada, Australia and Korea got WAY WORSE 👇🏻💪🏻(this is why I didn’t understand the BOK’s 25bps hike)
Okay, let’s zero in on EM since this is my bread & butter:
a) Turkey debt service ratio got really bad (we know that);
b) China got worse too;
c) Brazil Ok, surprising (I don’t know anything about Brazil except soybeans &bbq);
d) HK worse; India, Thailand, Indonesia & Malaysia💪🏻
