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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Hank Scorpio who wrote (21394)10/7/2018 9:06:23 PM
From: Chip McVickar2 Recommendations

Recommended By
John Pitera
sixty2nds

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I agree emerging market debt is an old play-ground - with USA's rising rates the emerging markets could easily get trapped - so many of our pension funds and insurance company's annuity managers bought emerging debt to keep their companies solvent... they too could get trapped - these people need 5 to 8% just to break even. So I don't believe our markets will crack hard right now... no place else to go.

Chip
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