Be Very Afraid: “The 3 EM Debacles” Loom, HSBC Warns

Jon Alternative Media, Blogosphere, Economy, Fiscal Policies

As the emerging world continues to wrestle with a by now familiar set of problems including falling commodity prices, a decelerating China, the threat of a Fed hike, and, importantly, idiosyncratic political risks, the attendant underperformance might well lead you to wonder if this is perhaps ‘the time for courage’ (to borrow a Gartman-ism).
In other words, some might be thinking that now is the time to BTFD in either EM FX, equities, or credit.

This post was published at Zero Hedge on 10/15/2015.