As we push closer to towards the much highly anticipated non-Farm Payroll Report this Friday we find the U.S. dollar holding its own against the majors.
Lots of noise in the media from sources that don’t know Turkey, haven’t invested there, and certainly have never been there.
“EDD” or “ADD”? Look at the emerging markets bond fund ETFs. Do investors suddenly believe that the best trade of the last few years is entering a crisis stage?
This is why emerging markets always gives your chance and why I don’t chase stocks.
Recall walking through the ubiquitous chain drug store near you to see the cologne shelves where the knock-off brands advertised “If you like Paco Rabanne, you’ll love ‘Paul Raven’ cologne.” Basically it smells the same but is a lot cheaper.