It’s been a rough year for emerging markets. Stocks, bonds, and currencies in these countries have generally taken a hit in 2018. Not surprisingly, the US dollar has been strengthening.
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Daily Archives: August 31, 2018
Macro Briefing: 31 August 2018
Trump prepared to escalate trade war with China: Reuters
China’s factory activity strengthened in August: Bloomberg
White House set to announce expansion of retirement plans for small firms: ABC
Trump says Dems can’t impeach him because economy is strong: Bloomberg
Currency crisis spreads, weighing on assets in emerging markets: CNBC
Weekly US jobless claims show labor market still tightening: CNBC
US inflation at six-year high in July: Bloomberg
Consumer spending up sharply in July–5th straight gain: MarketWatch