EMDEs

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EMDEsEMDEs
+1+1
Which ESG Factors Matter to EM Sovereign Bond Investors?

Which ESG Factors Matter to EM Sovereign Bond Investors?

Hint: it's not the "E", or the "S", but the "....

Paul Della Guardia
Paul Della Guardia
DeglobalizationDeglobalization
+2+2
Auto tariffs further dent U.S. exceptionalism

Auto tariffs further dent U.S. exceptionalism

DXY and SPX are both down again but don't tend to stay down together for long.

Paul Della Guardia
Paul Della Guardia
DeglobalizationDeglobalization
+3+3
The Times They Are a-Changin'

The Times They Are a-Changin'

EM sovereign debt will no longer be the exclusive focus of this newsletter.

Paul Della Guardia
Paul Della Guardia
AEsAEs
+4+4
The role reversal in emerging and mature markets

The role reversal in emerging and mature markets

Blundering policy volatility has receded in many EMs but increased in the G7.

Paul Della Guardia
Paul Della Guardia
De-dollarizationDe-dollarization
+4+4
Why Trump's tariffs aren't all bad

Why Trump's tariffs aren't all bad

Global trade imbalances are out of control and need to be reined in.

Paul Della Guardia
Paul Della Guardia
MacroMacro
+2+2
Winner take all: the year of the unipolar market

Winner take all: the year of the unipolar market

Global capital markets are becoming increasingly unipolar even as geopolitics become more multipolar.

Paul Della Guardia
Paul Della Guardia
EMDEsEMDEs
+2+2
Sovereign Stress Tracker: Why have risks moderated in Argentina?

Sovereign Stress Tracker: Why have risks moderated in Argentina?

Argentina is the Tracker's most-improved sovereign. Here's why.

Paul Della Guardia
Paul Della Guardia
MacroMacro
+3+3
Which emerging markets have the best demographic growth?

Which emerging markets have the best demographic growth?

Many - but not all - emerging markets are set to benefit from demographic tailwinds

Paul Della Guardia
Paul Della Guardia
EMDEsEMDEs
+2+2
Sovereign Stress Tracker: Argentina's stunning turnaround

Sovereign Stress Tracker: Argentina's stunning turnaround

Argentina is the Tracker's most-improved country thanks to astonishing economic policy results

Paul Della Guardia
Paul Della Guardia
EMDEsEMDEs
+1+1
EM sovereign strains inch upward in 2024, but remain historically low

EM sovereign strains inch upward in 2024, but remain historically low

Asset class maturity is evident in EM amid the post-pandemic inflationary shock

Paul Della Guardia
Paul Della Guardia
CurrenciesCurrencies
+7+7
Sink or swim: Trump 2.0 reality confronts emerging markets

Sink or swim: Trump 2.0 reality confronts emerging markets

Tariffs, deglobalization set to shift growth from EMs to the U.S.

Paul Della Guardia
Paul Della Guardia
MacroMacro
+3+3
Trump's red wave puts emerging markets under water

Trump's red wave puts emerging markets under water

Double-whammy of higher U.S. yields and stronger dollar, with peak deglobalization still to come

Paul Della Guardia
Paul Della Guardia