Although they have recovered a touch in the past couple of days, emerging market (EM) currencies have generally slumped against the dollar since mid-April. These falls shed light on which are most...

Worries about protectionism have clearly weighed on equity markets in much of the world recently, and this will probably remain the case. What’s more, we suspect that protectionism concerns will start...

Despite rising since January, emerging market (EM) corporate credit spreads remain very tight by past standards and relative to those of their counterparts elsewhere in the world. We think that this...

The S&P 500 has not fallen by more than 20% since it began to climb after the last recession. As a result, the index has remained in a “bull market” that is about to become the longest ever...