Emerging Markets: Returns, Valuations, Growth

My friend Meb Faber of Cambria Investments referenced these charts via Amundi in his research email list. (You can sign up here) Several charts caught my eye — emerging markets remain attractively valued and priced;…

Adani is Cleared to Start Digging its Coal…

Jerri-Lynn here. Last week Queensland gave approval to Indian mining company Adani’s controversial Carmichael coal mine – reminding us that it’s not just in the United States where fossil fuels interests hold sway. Make sure…

Links 6/17/19

Largest world stock of animal-killing virus destroyed by UK lab BBC Why sleeptrackers could lead to the rise of insomnia – and orthosomnia Guardian In Pablo Picasso’s Studio During the Nazi Occupation of Paris Literary…

The Inverted Yield Curve

Yves here. As the old saying goes, “The yield curve predicted nine of the last five recessions.” By Inês Gonçalves Raposo, an Affiliate Fellow at Bruegel who previously worked for the Financial Stability Department of…