China‘s YuanArgentine pesoTurkish LiraIran Rial ….and now Ruble The pain in emerging market currencies pic.twitter.com/GRQFM6v3xk — Russian Market (@runews) August 8, 2018 Emerging Markets: "The spreads of corporate bonds with the worst credit ratings in particular have hardly ever been …
by Martin Armstrong During the 1980s, I was called in to create a hedge for a bank against the Turkish lira which nobody made a market on. I had to create a synthetic hedge for the currency was moving into …
h/t @charliebilello do not look
by Chris Vermeulen of The Technical Traders Recently, quite a bit of news has been originating from Malaysia, China and other areas of South East Asia. Much of it is concerns with multi-billion dollar projects and excessive corruption and graft. Malaysia is taking …
via Palisade One of the most important macro-situations that’s developing right now is the looming U.S. dollar shortage. I don’t mean in the sense that banks don’t have enough dollars to lend out – I’m talking about the foreign sovereign …
by John Rubino 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 …
If we look at the amount of intervention right now, it would seem as if there was a crisis unfolding right before our eyes. But listen carefully and all you can hear are crickets chirping in the night. There has …
by FS During this in depth 40+ minute interview, Jason asks Jim questions about: 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 …
via BBG Investors fretting over the recent drop in emerging-market stock indexes may find comfort by drilling down into the details. Since June 18 — the evening U.S. President Donald Trump seemed poised to escalate the trade war by pledging tariffs on …
by John Rubino 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 …
via GPC Thus far in his tenure as Fed Chair, Jerome Powell has emphasized that he is more concerned with the real economy than the financial markets. Put another way, the Powell Fed, unlike the Bernanke or Yellen Feds before …
by stockboardasset The financial media are euphoric that stocks are up today. However, they’re all ignoring the fact that the issue that triggered the recent sell-off (the Fed’s colossal policy error regarding the $USD) has not been resolved. Put another way, …
by John Rubino Oil prices are up over the past year, which is bad if you’re, say, a developing country that imports a lot of oil. But the US dollar (aka the petrodollar) is also up, which compounds the problem …
https://www.google.com/search?q=nasdaq%3Aemb&ie=utf-8&oe=utf-8 https://heisenbergreport.com/2018/06/15/theres-a-big-problem-in-emerging-market-liquidity-and-here-it-is/ Near-term liquidity in EM is a big problem. Several factors are having an adverse impact, but some of that is improving. EM EXD technicals are better now, long-term fundamentals are good, spreads have risen far more in EM …
Gregory Weldon, Released on 6/15/18 Today’s WeldonLIVE Briefing discusses the intensifying turbulence in Emerging Markets, with focus on yesterday’s MASSIVE depreciation, to a new RECORD LOW, in Argentina’s Peso … as the South of the Border Gang is ready to …
Terrible China data overnight — however, anyone follow SKEG Collapse? pic.twitter.com/3k1eTwU5kh — Alastair (@StockBoardAsset) June 14, 2018 Brazil and Turkey Bonds continue falling, as emerging markets face the sudden stop pic.twitter.com/TyZkvix1At — Daniel Lacalle (@dlacalle_IA) June 14, 2018 Bitcoin and …
via Phoenix The Fed’s plan of withdrawing $1 trillion in liquidity this year via QT has slammed into a BRIC wall. Year to date, the Fed has shrunken its balance sheet by $116 billion. This sounds like a lot of money …
"Emerging Markets in May Saw Biggest Outflows in 18 Months," h/t @dlacalle_IA pic.twitter.com/mZYpqZZZA8 — Alastair (@StockBoardAsset) June 9, 2018 do not be shocked, but mainstream fin media is not telling you that .@NewYorkFed is causing the next emerging market crisis… …
by FS Emerging Market Outflows 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 …
A key legislative hurdle has been passed as Canada moves closer to legalising recreational cannabis. Canadian senators passed the Cannabis Act by 56 votes to 30 with one abstention after studying the landmark legislation for six months. Prime Minister Justin …
via Anna Isaac A crisis that has hit some emerging markets risks spreading through the world economy, according to a global investment trade body. Many countries are increasingly vulnerable to economic shocks following the debt sell-off which has hit Argentina and Turkey, …
Jun 1 – FS Insider interviews Financial Sense Wealth Management CIO Chris Puplava on the QE unwind by the Fed and other central banks now putting pressure on emerging markets, the high yield debt market, and other…
by FS 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” …
by John Rubino The dollar collapse thesis – which ends with all fiat currencies achieving their intrinsic value of zero — doesn’t preclude some thrills and chills along the way, in which some currencies fall faster than others and wreak …
via IRD Rising energy prices and collapsing emerging currencies are two developments that are not receiving much attention in the mainstream propaganda narrative. But either development which could end up “pulling the rug” out from underneath the markets. I pieced together …
Rising borrowing costs are seen hitting both dollar and local debt. via Enda Curran and Lianting Tu Emerging-market companies and governments straining to deal with the rising cost of borrowing in dollars face increasing pressure as a record slew of bonds …
Here’s One Reason to Worry About Emerging Markets A lot has changed since the late 1990s, when a period of credit-fueled growth ended in a wave of defaults and devaluations that swept from Asia through Russia and all the way …
Do you see the NARROWING BAND I am referring to? Slowly we see less and less options which are actually producing a return. That’s smells like trouble. What’s your opinion? The global economic collapse is underway. There’s no reason to …
by Martin Armstrong QUESTION: Mr. Armstrong; You said that the emerging markets are a huge problem that will lead to a Sovereign Debt Default. Can you elaborate on that statement? Thank you for your insight VU ANSWER: The emerging markets are in …
Who's Next In The Emerging Market Sudden Stop? Countries increased imbalances getting used to cheap and abundant inflows. Now the reversal is painful. pic.twitter.com/UZxnCSqVqu — Daniel Lacalle (@dlacalle_IA) May 18, 2018 do not read this pic.twitter.com/q02AIIpqI0 — Alastair (@StockBoardAsset) May …