Daily investment update by KBL European Private Bankers

InsingerGilissen, 08 JUN 2018

The Brazilian Real is crashing, Mexican and Turkish bond yields are soaring. What is going on? Remember the earlier update I wrote on the US ‘vacuum cleaner’? And remember the statements from RBI governor Mr Patel about the double whammy to emerging markets as dollar liquidity is being reduced because the Fed is shrinking its balance sheet and the US Treasury is issuing massive amounts in new bonds…