We are getting out front on a Brazil call that others may catch on to and it’s not necessarily rooted in some dramatic fundamental change on the horizon.
Emerging Markets are nearing recent trend highs against the SPX and may be poised to trade through recent resistance as we head into a challenged US earnings season and Emerging Markets have had the kitchen sink thrown at it and is coming back for more.
Emerging Money Daily Audio Call March 31 – On the call today we frame global markets anticipation of 1Q earnings season versus the other dominant themes which remain unchanged.
Emerging Money Daily Audio Call March 30 – On the call today we highlight the week ahead which includes major macro around the world despite the fact many countries will be closed on Friday and volume could dry up with liquidity even earlier in the week.
Emerging Money Daily Audio Call March 26 – On the call today I report live from the Engage conference in Detroit where one of the Fed governors has given fresh thoughts on how the Fed will deal with dollar strength.
Emerging Money Audio Call March 24 – On the call today we focus on improved European data and the implications for European stock markets.
Emerging Money Daily Audio Call March 23 – On the call today we update how our trading view during the near term Dollar weakness.
As goes the Dollar as goes volatility and risk assets. After Whirlybird said the Dollar had room to weaken (sort of) we got validation of the call we made BEFORE the Fed: “95 before 110” was the trade named (see Emerging Money last week).
Emerging Money Daily Audio Call March 20 – On the call today we are recapping the week and restating our views on what the Fed gave us this week as EM and global investors.
Emerging Money Daily Audio Call March 19 – On the call we address the post Fed world which will included more FX volatility and data dependent follow through.