VanEck Emerging Market Local Currency Bond (EMLC) hit a new 52-week low today. Below are five currencies that combine for nearly 35 percent of the portfolio. Two have broken down (lira, peso). The other three (real, rand and rupiah) are all on the verge of breaking down.
Australian consumers are on life support
-
The situation facing working Australian households is bleak. Australian
real per capita household incomes collapsed by 6.0% in 2023, the sharpest
decline...
No comments:
Post a Comment