Futures & FX

EM/DM Update: Picking UP Steam

Casual observers and investors in EM occasionally jump in and out of themes and often this is exactly how to trade EM successfully.  Those of us who are dedicated to the asset class and have invested in it through multiple cycles may get too close to the fire, and miss trading signals that...

Emerging Money Daily Audio Call June 26

Emerging Money Daily Audio Call June 26 - Headlines from the Supreme Court on church and state, and the travel ban do not calm the anxieties of a country that voted for less government but is getting more.
Meanwhile macro in Europe continues to impress while macro in the US continues to...

China Bashing Leads to “STTAB”

China bashing gets a little tiresome for me.  While there is so much to attack in terms of the quality(and accuracy) of information flow and data, the political process, the market structure of the economy, the access of investors to the economy…
China (FXI, quote)  is a regular whipping boy...

Emerging Money Daily Audio Call June 23

Emerging Money Daily Audio Call June 23 - We recap the weeks events and discuss the good and the bad of the world macro. It was truly a week where reflation trades caught a boost yet growth expectations slumped.    PPI better in Europe but not China.
The retail space continues to digest Amazons...

Emerging Money Daily Audio Call June 21

On today's call we discuss the continued focus on the retail sector in light of Amazons relentless onslaught. 
Despite the obvious impact of Amazon on the entire sector, we caution that investors may be overreacting to inneuendo on the next "hook-up".
The US housing market remains firm and...

MSCI Says “YES” to China

Yesterday afternoon China got a (well-deserved?) vote of support from the MSCI after three years of being rebuffed by the governing body of “passive flow” money.   Saudi Arabia was also given a positive signal for inclusion.  We outline the news and impact below:
Overall, the announcement for...

Emerging Money Daily Audio Call June 20

Emerging Money Daily Audio Call  June 20 - On today's call we discuss the move in oil and the potential broader impact on markets which right now seem to be trading more on Fed comments and impact of the Dollar's recent pop.
Will China A Shares be included in the MCI index later today?
We...

Emerging Money Daily Audio Call June 16

Emerging Money Daily Audio Call June 16 - Amazon's deal for Whole Foods brings attention back to sector specific tactical investing.
Consumer Staples remain under pressure from the forces of disruption and technology. Amazon's acquisition reminds investors why they were chasing mega Tech names...

Emerging Money Daily Audio Call June 15

Emerging Money Daily Audio Call June 15 - The day after the Fed markets are wrestling with weaker macro, a delicate oil market, and a number of technical breakdowns in key sentiment readings.
What looked like healthy rotation a week ago out of tech into oversold sectors now looks like just a...