Trump's levies could send U.S. inflation 1.4 percentage points higher.
U.S. Treasuries lose their safe haven status amid a secular rotation away from U.S. assets
DXY and SPX are both down again but don't tend to stay down together for long.
EM sovereign debt will no longer be the exclusive focus of this newsletter.
Blundering policy volatility has receded in many EMs but increased in the G7.
Global trade imbalances are out of control and need to be reined in.
The incoming U.S. President has set a 5% of GDP defense expenditure threshold.
Many - but not all - emerging markets are set to benefit from demographic tailwinds
High economic-political uncertainty paired with low volatility amplifies market risks
Does international investment into the US cause asset bubbles?
The "new" emerging markets: rich-world malaise reflects globalization's discontents
