Today's Updates:
1. We read Bloomberg report which says HSBC Private Bank which manages $460 billion expects correction in EM (emerging market) stocks and bonds, EMs will underperform for another six months relative to developed markets. It also says yield difference between US treasuries and EM bonds have narrowed to 245 bps which will peak.
This is in line with our view that EM equity have peaked.
Note: We could be completely wrong in our view so please make your own judgement.
1. We read Bloomberg report which says HSBC Private Bank which manages $460 billion expects correction in EM (emerging market) stocks and bonds, EMs will underperform for another six months relative to developed markets. It also says yield difference between US treasuries and EM bonds have narrowed to 245 bps which will peak.
This is in line with our view that EM equity have peaked.
Note: We could be completely wrong in our view so please make your own judgement.
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Please use your discretion before acting on the ideas expressed in the group.
Happy Trading,
United we grow!!!
Happy Trading,
United we grow!!!
MARKETPLACE
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