Evolving Trouble

Mar 17, 2022

12:23 am

• War in Ukraine continues to weigh on asset markets • Global growth now expected to falter, and inflation is a monumental issue • Unlike during COVID, governments and policymakers have far fewer levers to pull • The sell-off of high yield and emerging market debt has further to go • We share thoughts on…

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De-escalation or More Uncertainty

Mar 15, 2022

12:23 am

Many around the world are probably heaving a sigh of relief, as a de-escalation between Russia-Ukraine seems to be in sight. Perhaps, it’s only wishful thinking for no one knows Putin’s intent or endgame. Nonetheless, global sympathy lies with Ukraine and a barrage of sanctions have been announced against Russia. However, sanctions hurt both parties,…

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Harsh Reality Dawns

Mar 10, 2022

12:49 am

• Economists start to cut global growth forecasts but are still very much in the dark to downside risks • Oil continues to send jitters. While $150 looked a remote possibility even a few weeks earlier, rising spot prices make $200 a not-so-distant reality • As the uncertainty prevails, financial markets are struggling to find…

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Escalation breeds Defensiveness

Mar 2, 2022

12:15 am

• With NATO’s response to the Ukraine crisis becoming firmer and aggressive, we could be in for a long-drawn-out conflict. • Last week’s market relief rally is proving to be temporary. • If the crisis lingers, oil flirting with $150 isn’t ruled out, further complicating the already-high inflation situation. • At this juncture, investors could…

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