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elleng

(130,895 posts)
Wed Sep 12, 2018, 02:00 AM Sep 2018

Around the World, Markets are Falling.

In stark contrast to the U.S., where a bull market continues, investors are pulling out of developing economies as the economic and financial risks mount.

'Cratering currencies, rising inflation, jumpy investors: A financial panic is again gripping some of the world’s developing economies.

The sharp sell-off of emerging market currencies, stocks and bonds seems to stand in stark contrast to the United States, where a nearly decade-long bull market continues amid buoyant economic conditions.

Higher interest rates in the United States and a stronger dollar rebalance the risks and rewards for investors the world over, and act as a kind of financial magnet, pulling them out of riskier investments.

When we’ve seen this before — in the Mexican peso crisis of 1994, the Thai baht collapse of 1997 and the Russian default of 1998 — investors had to contend with spillover of trouble from one country to others, dragging down economic growth or causing market stress.

So far in 2018, this kind of contagion has been limited.

Economies as varied as Argentina, Russia, South Africa and Turkey are facing the maelstrom, but each has its own reasons for falling out of favor, and the turmoil has yet to raise anxiety about the world’s biggest economies and markets.

Here are the key issues that each is contending with.'>>>

https://www.nytimes.com/2018/09/11/business/economy/emerging-markets-economy-bust.html?

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Around the World, Markets are Falling. (Original Post) elleng Sep 2018 OP
Trade concerns are a driving concern along with tarriffs. The characterizaion that this is in still_one Sep 2018 #1
If repugs have anything to do with it, as they do, elleng Sep 2018 #2
I sure hope we are able to put the brakes on the damage trump and the republicans are doing still_one Sep 2018 #3
The power of $$$ has taken over. elleng Sep 2018 #4
It'll be here soon too duforsure Sep 2018 #5
I expect that too. elleng Sep 2018 #6

still_one

(92,187 posts)
1. Trade concerns are a driving concern along with tarriffs. The characterizaion that this is in
Wed Sep 12, 2018, 02:19 AM
Sep 2018

contrast here "where a bull market continues", is an illusion. It hasn't caught up here yet. A lot of folks have been ingoring the rising deficeits since the tax breaks, plus the impact of the trade wars is a very risky variable in the picture

It was the Smoot–Hawley Tarriff that was a major factor in driving solidifying the depression, and unfortunately history might just be repeating itself



still_one

(92,187 posts)
3. I sure hope we are able to put the brakes on the damage trump and the republicans are doing
Wed Sep 12, 2018, 02:35 AM
Sep 2018

not only to our country but the world.

That they are going out of their way to intentionally hurt people is unbelievable to me

elleng

(130,895 posts)
4. The power of $$$ has taken over.
Wed Sep 12, 2018, 02:49 AM
Sep 2018

I'm afraid it may be a dominant part of human nature, surely not a part repugs will oppose.

duforsure

(11,885 posts)
5. It'll be here soon too
Wed Sep 12, 2018, 07:47 AM
Sep 2018

You don't hurt the middle class and the poor by taking trillions out of the economy from all his tax scams , and tariffs, and schemes without our economy tanking , and as we've seen many times before when they use trickle down, or Reverse Robin Hood economics. The markets here will be doing the same thing here too, and will start their fall soon, and he'll do the same thing W did and claim its all ok, but then blame others for it.

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