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Play Pointed, Bloomberg’s news quiz for risk-takers. This week's categories include podcasts, Asia elections, and Taylor Swift. Bet big on the topics you know, and maximize your score by leveraging your wagers. Choose wisely—wrong answers will cost you bloom.bg/4275XBz
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Bloomberg News reposted this
Best description you will get (from LarrainVial) of mad shift into US equities. See how recent it really is! The mania started in 2020. Column on all this - and what even a tiny shift back might mean for other markets - in link below. Plus have we got this EM and DM business all wrong? Most DMs look like what we used to think EMs looked like - unstable politics, destructive state policies, financial repression, capital controls, clampdowns on free speech and of course unsustainable levels of debt. Wouldn't you rather invest in, say, Chile or Mexico? Less debt, quite boring politics, pension reforms pushing cash into the stock market.. and super cheap valuations? Maybe look for markets in countries heading in the right direction over those that have "developed" to an unimpressive end... https://lnkd.in/eyhuyQUv
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