All the world's a stage, And all the men and women merely players; They have their exits and their entrances...And this is for certain, the world is ruled by crazies of all sorts. Good for Wall Street traders, worse for many sovereign bonds and real money investors.
The EU & UK political tug-of-wars resemble a World Wrestling Federation cage match with the darling and devilish contenders "Greece"-ing it up. Market volatility will remain through year-end with never-ending chokeholds.
As the French fight amongst themselves and not the outside world for a change, and the Germans begin to mobilize for their election tussle, Bulgaria is becoming a chess piece in Putin's "new world order". Scandi banks are source of stability amidst the continents crisis.
The Dutch elections drew a sigh of relief for the EU establishment, but the opposition gained seats and may return with a vengeance next time. Meanwhile, the French elections becoming a MMA contest between Independent and Frexit forces. Should be a celebreity death match finish.
Recently returned from France, Dr. Scott gives his birds-eye view of the French election landscape. Macron still his favorite, although Le Pen gaining ground. Should be a palpitante course de chaveaux.
Our "galloping gourmand" country risk analyst, Dr. Scott, gives his "man on the street" view of the brewing political volatility in France. Move over AC Coops, S&M is on the real gastronomical & political news.
France filleted by high political drama with Le Pen and the field jockying for position. High debt, terrorist acts, nationalist awakenings, oiled up by the Trumpster, are frying up bond and ratings pressures.
President Trump's Executive Order on Financial Markets regulation could unleash the wild-west conditions of the mid-2000s. Or improve market trading liquidity and restore normalcy to the US resi- mortgage markets. We explore the impacts.
President Trump's twitter tirades are adding another brick of ratings risk to a possible "walled-in" Mexcio. Weakness across Caribbean nations including Barbados and Belize adds to bondholder woes in EM.
A new wave of EM sovereign & corporate bonds flowing to meet the demand of yield starved fixed income investors. We review issuance for the Gulf States, Africa, China & Mexico. Pres. Trump throws a curve ball into trade equations.