By James K. Glassman From Kiplinger’s Personal Finance Most investors today worry about inflation and the response to it from the Federal Reserve, but it’s time for a longer view. If you’re buying stocks for gains over the next 10 years or more, you need to imagine the contours of the future. A July report…
China Is Weaker in Demand Than Supply
Commentary None of the latest data released from China were good. Inflation was higher than expected while all other quantity growth rates were lower than expected or declining, arousing the worry of stagflation. Stagflation is by definition a higher price (growth) with a lower quantity (growth), and is highly likely a result of a leftward…
No Peace for Emerging Market Currencies as Mighty US Dollar Reigns: Reuters Poll
JOHANNESBURG/BENGALURU—Most emerging market currencies will continue to struggle against the mighty dollar over the coming year as the U.S. Federal Reserve finally delivers expected aggressive policy tightening, according to a Reuters poll of FX strategists. Central banks in emerging market economies have been bracing for this for months by hiking their benchmark interest rates. But…
Emerging Markets Suffer $9.8 Billion Outflow in March With Big Hit to China
Emerging markets suffered their first portfolio outflows in a year in March, driven by investors ditching Chinese assets and growing anxiety over recent geopolitical events, a report by the Institute of International Finance (IIF) showed on Tuesday. Foreign net portfolio outflows for emerging markets came to $9.8 billion in March, IIF data showed, following a…
Emerging Market Risks Worsening as Inflation Accelerates: S&P Global
The economic rebound in emerging markets (EM) still has steam and is projected to run into next year, S&P Global said in a new report, but warned that EM risks are getting worse as inflation keeps accelerating, potentially driving faster-than-expected normalization of monetary policy, tighter financing conditions, and market volatility. The EM economic recovery still…
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