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Is the Dollar’s Correction Already Over?

Between the summer of 2014 and its recent peak in March this year, the US dollar index was a one-way street – a …

Emerging Markets: What has Changed

  1) China stimulus continues 2) India reform efforts are being stymied 3) Brazil’s fiscal outlook has worsened after the lower house passed …

Sell The US, Buy Russia

Extreme Value Today, everyone is on vacation here. It’s May Day – the international worker’s holiday.

Emerging Markets Preview: The Week Ahead

EM currencies are starting the week off firm, helped by the weak US jobs data on Friday.  While we continue to see the US …

The Forgotten Ruble

             inShare0   A Currency Disappears Into the Memory Hole After the excitement caused by the collapsing Russian …

These Markets Are “Extreme Bargains” Right Now

Policy Adjectives The big news this week was that the Fed dropped its pledge to be “patient” in raising interest rates. The Fed …

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