US-China relations are built on a fragile web of complex issues. Recently, we’ve seen headlines..

Macro Strategies, Sovereign Research, Emerging Markets

In May, you noted that emerging markets (EM) were facing a mix of bright spots and risks. How has..

Equity Research, Emerging Markets, COVID-19

An unexpected development caught my attention in China’s June 12 credit report—the acceleration of..

Macro Strategies, Emerging Markets

It may surprise some investors to learn that the leverage profile of emerging market (EM)..

Emerging Markets, COVID-19

COVID-19 and turbulence in the oil market have been reshaping daily life, economic fundamentals and..

Equity Research, Commodities, Emerging Markets, COVID-19