So Japan has a new Prime Minister-Elect. And indeed, Shinzo Abe’s margin of victory, at least in a Japanese context, reeks of a potential mandate. Even if it is a…
Continue Reading »
Posted in Global Economy
Tagged fiscal policy, global economy, Japan
I recently wrote about some of the misconceptions related to the Chinese economy. Today, I’d like to discuss how we believe the economy will evolve in the coming years. While…
Continue Reading »
Posted in Global Economy
Tagged China, global investing
On the heels of an important change in the political climate from this summer’s presidential election, Mexico appears poised to deliver another year of well-balanced economic strength. Gross domestic product…
Continue Reading »
Posted in Global Economy
Tagged bonds, fiscal policy, Mexico, peso
As late as the early 20th century, angry investors sent warships to block the harbors of countries who had defaulted on their sovereign bond payments. That particular tactic is now behind…
Continue Reading »
Posted in Global Economy
Tagged Argentina, debt, fixed income, global investing
Spain has moved to the center of the European crisis in recent months. After a recent trip to Spain, where we met with policymakers, private market participants and academics, I…
Continue Reading »
Posted in Global Economy
Tagged Europe debt crisis, Eurozone, Spain