economic weakness

emerging markets: Cameron Brandt on implications of rate cut for Emerging Markets?

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emerging markets: Cameron Brandt on implications of rate cut for Emerging Markets?

“Historically, a cut of this size certainly triggers some discussion about whether it is triggered by current economic weakness or a desire to not be behind the curve,” says Cameron Brandt, EPFR Global. First things first, how is it that one should be reading into this outsized rate cut by the Fed? I mean, is … Read more

Asian stocks: Asian stocks track US decline for a second day: Markets wrap

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Asian stocks: Asian stocks track US decline for a second day: Markets wrap

Asian equities tracked US stocks lower for a second day as signs of economic weakness overwhelmed the market’s optimism surrounding interest-rate cuts. Shares in Japan, South Korea and Australia dropped. The S&P 500 fell 0.8% Thursday, extending a drop from the prior session and placing the benchmark on track for its largest weekly decline since … Read more