Tag: asset classes

FED vs Growth for Emerging Markets We are generally not fan of discussing EM as a single group as countries’ profiles and reaction functions are increasingly different from a country to another. But for the sake of simplification in this monthly chart we would assume so. So which EM asset…

2018: No place to hide to make money. 2019: Typically, reversion. During 2018, all major asset classes delivered negative returns as can be seen above. EQUITIES 2018: Starting valuations were very demanding. During the year, equity investors were scared by the coming slowdown (some even talk about recession), the US-China…