Here Are BofAML’s 4 Reasons To Worry About Risk Assets
We've talked incessantly about the risk of getting too complacent in emerging markets after a stellar Q1 for anything with an "EM" prefix.
Those who need (or want) a refresher are encouraged to see the latest here:
The “Curious Curse Of May”: Here’s Where The Risks Are
Don’t Look Now, But Something Cracked On Tuesday
It’s “Make-Or-Break Time” And We Could See “A Painful Cleanout”
Simply put, there's every reason to believe what we've seen so far this year in EM is unsusta
On BofAML #3 – Deregulation, “drill-baby-drill” and NAFTA renegotiation yielding higher supplies means…stabilizing energy prices and supporting EM producers? What?