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(1) Which EM Will Be Next to Hike? (5 min read)
After rate hikes from three EM central banks this week Caroline Grady looks at which country could be next. She highlights India and the Philippines based on current inflation dynamics, with Czech Republic and South Korea the two others to watch.
(Caroline Grady│ 19th March, 2021)
(2) The Russell 2000 is a Momentum Trade Now (3 min read)
Russell 2000 outperformance has continued and further gains, particularly at the current pace, seem unlikely writes John Tierney. Yet momentum may drive the Russell 2000 a bit higher.
(John Tierney│ 19th March, 2021)
Can America Beat COVID-19? (Project Syndicate, 4 min read)
Fed Policy: Patience Is a Virtue (PIMCO, 5 min read)
Technological progress reduces the effectiveness of monetary policy (VoxEU, 6 min read)
Ultralong bond debate highlights US Treasury tensions (OMFIF, 3 min read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)