Macquarie: Emerging Markets Are Not Facing a 1997-Style Crisis—They’re Facing Something Worse – Bloomberg Business 09-16-15

On September 16, 2015   /   Brazil Economy, China Economy, Emerging Market Economies, Global Economy, Malaysia Economy, Philippines Economy, Russia Economy, South Africa Economy, South Korea Economy, Turkey Economy  

Salient to Investors: Viktor Shvets and Chetan Seth at Macquarie said: Emerging markets and economies are in a worse situation than in the 1997 Asian financial crisis because they now face far longer, more painful and insidious disease with limited or no cures or exits, punctuated by occasional significant flare-ups. The effect

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China Lures Less Investment Than Southeast Asia, BofA Reports – Bloomberg 03-04-14

On March 4, 2014   /   Asean Economies, China Economy, Indonesia Economy, Investment Money Flows, Malaysia Economy, Philippines Economy, Singapore Economy, Thailand Economy  

Salient to Investors: Chua Hak Bin at Bank of America Merrill Lynch said:   Total foreign direct investment into Singapore, Malaysia, Indonesia, the Philippines and Thailand was $128.4 billion in 2103 versus $117.6 billion for China. Rising foreign direct investment into Asean will remain a favorable structural trend over the

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Irrational Exuberance Overtakes Asia – Bloomberg 12-12-13

On December 12, 2013   /   Asian Economy, China Economy, Economics, India Economy, Indonesia Economy, Japan Economy, Malaysia Economy, Philippines Economy, South Korea Economy, Thailand Economy, US Economy, Vietnam Economy, William Pesek  

Salient to Investors: William Pesek is  writes: The “Greenspan put” that flooded markets with cash whenever things got dicey has become the default position in Washington, while in Asia there is an even more dangerous escalation of this policy in papering over cracks in economies that desperately need tougher, structural

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Don’t Blame the Fed for Asia’s Problems – Bloomberg 08-26-13

On August 26, 2013   /   Asian Economy, China Economy, India Economy, Indonesia Economy, Japan Economy, Malaysia Economy, Philippines Economy, Thailand Economy, William Pesek  

Salient to Investors: William Pesek writes: Another 1997-like Asian crisis is highly unlikely because exchange rates are now more flexible, foreign-currency debt is lower, banks are healthier, countries are sitting on trillions of dollars of reserves, and economies are far more transparent. The same can’t be said of 1994, when the

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Pesek’s View From Asia – Bloomberg 08-02-13

On August 2, 2013   /   China Economy, India Economy, Japan Economy, Philippines Economy, Rupee, William Pesek  

Salient to Investors: William Pesek writes: Former George Soros advisor Takeshi Fujimaki  said Abe delaying increasing Japan’s sales tax would worsen Japan’s debt profile, while Fed tapering would cause a fresh credit crunch that would slam Japan’s bond market. When Li Ka-Shing, Asia’s richest man, is turning to Europe as Hong Kong

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BRIC Bust Seen in Emerging Market Discontent With Growth – Bloomberg 07-22-13

On July 22, 2013   /   Brazil Economy, China Economy, Economics, Emerging Market Economies, Global Economy, IMF, Mexico Economy, Philippines Economy, Russia Economy  

Salient to Investors: Stretched budgets and sluggish growth are putting emerging-market governments on a collision course with rising pressures from recently empowered middle classes for more spending and better services. Policy makers face the end to an era of abundant global liquidity that helped fuel the fastest expansion in three decades. The

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