Tag Archives | emerging markets

Emerging Markets: 67.7 More Years To Catch Up With US

By John Richardson

IF I had a dollar in my pocket for every time I had read or heard the phrase “the rise of the middle classes in the emerging markets” in the context that this was a tremendous opportunity …

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Six Big Risks Of Fed Rate Hike And Some Long-Term Realism

By John Richardson

IF you thought the 2013 Taper Tantrum was bad enough, I am afraid you have seen nothing yet. When the Fed finally does raise interest rates, either this year or next year, these are just six results:…

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The Great “Middle Class Myth” Further Exposed

By John Richardson

A GOOD argument is only a good argument if it is backed up by sound data. Agreed? Yes, nobody is going to disagree on this point.

And yet for many years now, I’ve been scratching my head …

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The New Global Financial Crisis: Emerging Market Bonds

By John Richardson

EXACTLY how the new global financial crisis will gather momentum is becoming clearer by the day.

Greatly adding to this clarity was the latest Bank for International Settlements (BIS) quarterly report, which was released earlier this week.…

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Oil At $100 Was “A Rich World Luxury”

By John Richardson

THE attitude towards lower oil prices in the developing world  is “bring it on”, as it is an opportunity for hundreds of millions more people to escape poverty (see the above diagram).

Once people start earning, say, …

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Fed Policies Increase Emerging Market Poverty

By John Richardson

THERE are 2.8bn people – 40% of the world’s population – who live on $2-10 a day.

These people are “the fragile middle”, according to the Financial Times, as they are constantly in danger of falling back …

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The Cost Versus Growth Conundrums

By John Richardson

SOME petrochemicals companies believe that their big cracker and derivatives projects will produce positive returns in a few years, when, in fact, it could take much longer,  say several industry sources.

The sources feel that the  growth …

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China Pulls Back From Funding Other Emerging Markets

By John Richardson

IT important to be relentlessly realistic about the risks no confronting emerging markets in general, now that China is focusing much more on its own internal problems and needs.

One of these risks – reduced funding of …

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China And The Fed: Still Back To Front

By John Richardson

THEY are still getting it the wrong way round.  Both the Financial Times and The Economist, have said over the last few days that weaker prospects for emerging markets are mainly the result of Fed tapering.

We …

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Getting China And The Fed The Wrong Way Round

By John Richardson

MOST newspapers and wire services still seem to have got it in the wrong way round. Last week, as Argentina’s Peso crisis began, they continued to identify Fed tapering as the number one threat to emerging markets …

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