China long term growth path is following on footsteps of Japan and South Korea. Blow asset bubbles, take too much debt and there you have it….. the lost decade.
US 2-year yield now on pace for dropping 8-weeks straight! Moves as such only happened 8 other times in history. All of them during bear markets or recessions. People tell me that it is different this time
There is a presumption that faster economic growth in emerging markets drive up corporate earnings as well. Look at the chart below and decide yourself.
Nathan Rothschild’s investment mantra was said to be “buy on the cannons, sell on the trumpets”. Apparently it works for EM investing. Buying during one of the periodic bad news frenzies yields outsized returns. @SteveJohnson000 https://www.ft.com/content/d6f18712-9365-11e9-aea1-2b1d33ac3271 …
