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Quick – someone asks you whether you will bet on Hillary Clinton winning the next election. At even odds, you would have to be insane.
Before we even start, I want to point out I deserve zero credit for this next idea. It’s been a while since I have posted, so I will ease in with a short and simple one. When talking to credit managers, I always ask for names that they are avoiding.
Emerging markets are getting crushed like a 1980s teenage nerd asking the head cheerleader to prom. Although I have a theory that on Quantitative Tightening expiry days the stock market is weak, the last two haven’t worked out. Copyright 2018 East West Investment Management.