Who is Plunger ?
And why does it matter ?
I am pretty sure most haven’t seen this scenario presented quite this succinctly
You decide .
Here is part 2 of the weekend report.
And why does it matter ?
I am pretty sure most haven’t seen this scenario presented quite this succinctly
You decide .
Here is part 2 of the weekend report.
From observing emerging markets, it looks a crisis could be possible, on the other hand maybe the worst is behind us, as Brazil looks like stabilizing watching currency and EWZ ETF. Argentina will get its IMF loan I guess. So we remain with Turkey and Trump trade wars. On Trump tariffs it is difficult to get an opinion if tariffs will be the 200bn or not so I prefer to pass, about Turkey I agree there is still quite some risk there. Looking at EMB however it seems like there is NO contagion to other debt market and situation looks stable. There I am not bearish and believe it could be still some years before we get a real worldwide crisis.