G-20 summit did not make much forward progress, but heads of state seemingly got along. More volatility elsewhere as Mexico, Venezeula, and Qatar wag the sovereign landscape. More downgrades?
Australia's economy now pestered by housing bubble after years of commodities based charged growth. Combined with a high consumer debt load high, presenting some risk to GDP. But still manageable as other business sectors expand.
Dr. Scott will get you high on Germany/France, bad on UK and "Kinda Likes" Spain while Japan is meh! Take a top charts tour of his top country hits and flops of 2H2017.
UK agita strikes again on annual basis as May government set to fall, or be mortally diabled towards ineffectiveness. Next steps still blurry, we provide first takes.
Global terrain doesn't sleep & neither does the atmosphere as N.Korea keeps shooting off rockets.Brazil seeing vol as Pres. Temer scandals unfold. Pakistan enjoying the China panda bear hug with project$ galore.
Sovereign risk festers in the Korean Peninsula as the North strikes fear into the nuclear hearts of Japan and US nationals. Macron weaving a nice balance in the French National Assembly. And Merkel brings X-Mas in May with pork-barrel spending for Fall votes.
The French Pres-elections are over and Macron has won! But will he have a legislature in-line with his programs? Another round of French indigestion is in-store. But Dr. Scott prescribes his gaviscon remedies.
Dr. Scott roams the country risk hot-spots of France, North Korea and Venezuela going from typical to atypical risk. Election vol is palatable, but nukes and pukes less so.
The French Presidential Follies Bergere, just lost two hoofers, as Macron & Le Pen duke it out in the final leg of the contest. Macron the favorite, but it should be close in early May. Italy & Venezuela lurch downward in this home stretch.
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.