An EM Crisis Is Not ‘Coming’ – It’s Already Here, One Bank Says
“An EM crisis is not an abstract possibility – it is the current reality”.
“An EM crisis is not an abstract possibility – it is the current reality”.
“…the markets are either doing some spring cleaning, or battening down the hatches ahead of the coming storm.”
“Afflictions”.
Rate cuts and plans for another cross-border incursion in Syria – this time against Assad’s forces.
A helpful reminder at a delicate juncture.
Inflation jump drives real rates further into negative territory, while Erdogan “neutralizes” nearly three-dozen of Assad’s troops.
At least he knows what to say when asked if the Fed is in the bubble-blowing business.
“I like to obey the law”.
How sustainable is this?
2020 represents a unique challenge thanks to Trump’s public criticism of monetary policy.Â
Everywhere you turn, something’s higher.
“Death sentences in Saudi Arabia are usually carried out by beheading in public squares”.
“I know nothing about that”.
This marks a stunning bipartisan rebuke of both the White House and a NATO ally.
This is at least the fourth time Baghdadi has been killed.
“International state banditry”.
“Ideally, they’ll stimulate”.
So much winning – for one man, anyway.
“I said it. I said it, damnit. Finally.”
The meeting with Orban, along with a May 3 call to Putin, are now being scrutinized by lawmakers.
Here’s a sitting duck – please exploit him.
“I am highly confident that we saved lives”.
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