Emerging Money Daily Audio Call December 29 – Santa Claus rally continues but lower volatility is just a red herring in our view.
Year-end liquidity conditions are tough and the US Treasury curve is also telling a challenging story as 2/10’s continue to flatten.
What do we mean by all of this?
More China headlines that will confuse the casual observer of Chinese macro. We explain what is truly going on with the currency. EM performance over the last month on a country by country basis is worth looking at for clues to next year’s performance.
In some cases we think losers can be winners.
Tune into your account for to listen to the full audio call.
To Subscribe Click Here