The Weak Dollar Is Creating an Emerging-Market Paradox
The weakening dollar is beginning to transform emerging markets. But not in the simple way investors usually imagine. For traditional investors, the combination looks almost...
Tag: EM
Emerging Markets Enter the Perfect Storm
For much of the past year, investors had begun to believe that emerging markets were finally emerging from the shadows of the post-pandemic monetary cycle....
From Hormuz to the Red Sea: The Global Supply Chain Comes Under Siege
Wars rarely remain confined to the battlefield where they begin. They evolve, adapt and seek new points of pressure. What started as a confrontation over...
The Next Inflation Shock May Come from Farms, Not Oil
Financial markets have become obsessed with oil. Every escalation in the Middle East immediately triggers the same sequence: crude prices rise, inflation expectations rise, bond...
The Bond Market Under Pressure
For years, governments believed they could spend first and worry about financing later. The bond market is beginning to disagree. Global sovereign issuance has reached...
The Day Emerging Markets Became the Safe Haven
History enjoys irony. For decades, emerging-market currencies were the trembling limbs of global finance — volatile, fragile, forever hostage to dollar surges and capital flight....
The Funeral of Easy Yield
For income-hungry investors, the age of lazy, state-sponsored abundance is drawing to an unceremonious close. For years, one could be handsomely paid for doing precisely...
The Great Emerging Market Bond Rush
Yield-hungry investors are once again fuelling a borrowing bonanza across developing nations, prompting a record surge in hard currency bond issuance, all in a mad...
Emerging Markets Face the Heat: Trump’s Tariffs, Dollar Strength, and Bond Woes
The outlook for emerging market bonds denominated in local currencies is deteriorating as investors abandon hopes of rate cuts, brace for a potential trade war,...