I wasn't able to get a daily off yesterday nor will I be able to a full-fledged one today. But I will post today. Just a reminder: next week, I am on holiday. And so I don't know how much writing I will do, if any. Let me start today more…
I am looking at the emerging markets turmoil as fundamentally strong dollar-driven. But other central banks may enter the picture soon.
Daily post from Credit Writedowns with stories on inequality, China Turkey and Tesla
I don't think we are at a point yet where what's happening in Turkey can be called an emerging markets crisis. Right now, it's mostly about Turkey, though there are signs of contagion via currency effects and concerns about creditors of…
The Turkish central bank has days to stop the currency freefall before we see defaults.
Daily newsletter from Credit Writedowns with stories on Turkey, Russia, weather, commodities, Amazon, and Tesla
Daily newsletter with stories on Turkey, banks, Iran sanctions, EU regulation, refiners, and drought
Today's daily includes stories on the global economy, inflation, monetary policy and trade.