Macro View Daily Insights WTI crude oil below $70/barrel on supply concerns.U.S. benchmark crude prices were down nearly 3% this morning as traders digested reports that OPEC, Russia, and others are in discussions to potentially increase production by up to 1 million...
What a difference a year (and change) makes. Emerging market debt’s (EMD) yield spreads to comparable Treasuries are more attractive than they have been since 2016. The Bloomberg Barclays Emerging Markets Sovereign Index currently yields almost 6.2%, its highest level...
Macro View Daily Insights More trade ups and downs. President Trump ordered an investigation into whether auto and truck imports weaken the U.S. economy and threaten national security, which sparked a response from a Chinese official suggesting the move represented an...
Things are looking up for George Washington, as the dollar has staged a solid comeback after losing nearly 10% in 2017 and an additional 4% in January. Since its February lows, the U.S. Dollar Index has rallied more than 5%. This comeback is notable since the dollar...
Macro View Daily Insights Is Turkey a canary in the coal mine? Turkey’s currency, the lira, has lost over 20% versus the dollar since the start of the year and dropped as much as 5% overnight, as market participants’ worries about the state of Turkey’s economy rose....
