In 2018, some emerging market (EM) assets seem to have taken a turn for the worse. From Argentina to Turkey, currencies have depreciated as much as 40-50% against the US dollar since the beginning of the year. If recent volatility continues, will it spread to developed markets? Should investors be concerned that this is the first step toward another recession?
In this episode of The Flip Side, Jeff Meli, Head of Research, sits down with Christian Keller, Head of Economics Research, to debate what effects the emerging market turmoil will have – if any – on developed markets. Their dialogue analyses the case-by-case reasons for current EM volatility, how that compares to previous regional emerging market crises, what this could mean for developed markets, and the potential implications for global investors.
Authorised clients of Barclays Investment Bank can log in to Barclays Live to access related reports entitled Global Outlook: The US, and then the rest and Emerging Markets Quarterly: No inflection point yet.
This podcast series features lively debates between Barclays’ Research analysts on important topics facing economies and businesses around the globe.
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