“I am saying that currency trading is unnecessary, unproductive and totally immoral, it should be stopped. It should be made illegal. We don’t need currency trading” Dr. Mahathir Mohamad (4th and 7th/current Prime Minister of Malaysia)
US stocks are now in the longest bull-market stretch in history driven by earnings growth and their ‘safe-haven’ status
The crisis in emerging markets is not over as structural issues have not been resolved yet
Once the EM dislocation comes to an end, several attractively-priced markets offer great trading opportunities
Non-consensual view: US equity markets may not be as expensive as widely perceived
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