Greetings,
The United States: The map below shows the changes in year-to-date exports to China relative to 2018.
Europe: Here, we have home price appreciation vs. mortgage lending growth by country.
Asia-Pacific: Hong Kong’s stock market is under pressure again.
Despite the uncertainty, mainland China investors have been piling into Hong Kong’s stocks.
Emerging Markets: In recent years, the average credit quality of EM investment-grade (IG) corporate debt has converged with US investment-grade bonds, according to Alliance Bernstein.
Nonetheless, EM IG bonds trade at a substantial discount (higher spread) to US peers.
Global Developments: Here are some stock and bond market moves since October 1st.
Food for Thought: Top 20 corporate contributors to CO2 emissions:
Edited by Daniel Moskovits
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