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As Risk Rises, Emerging Markets Are Too Complacent: Satyajit Das
published May 1st 2017, 4:00 pm, by Satyajit Das (Bloomberg View) — For all the hand-wringing over when and how the Federal Reserve would begin tapering its massive bond-buying program, emerging nations appear to be relatively well-prepared for higher U.S. interest rates. Compared with the period before the 1997 financial
China’s Big Shift to Services Is Overstated: Christopher Balding
©2016 Bloomberg View O3HKPK6KLVRT (Bloomberg View) — The optimists’ case for China is fairly straightforward. Yes, the world’s second-largest economy is grinding to its slowest pace in decades. But as investment and manufacturing — traditionally the key drivers of Chinese growth — decline in importance, domestic consumption and services are
