We recently examined the pattern of EM flows to emerging markets, where our innovation was to control for the role of reinvested earnings, which
China posted its first current account deficit in a long time in Q1. Is the deficit due to rebalancing or other factors? The bulk of the decline refle
Market positioning highlights optimism on U.S., Japanese equities, risks for Treasuries, EMs U.S. yield curve flattening leaves bank stocks unruffled"