Exhibit 91: EM Local Debt Currencies and Developed Market Interest Rates Rising global interest rates would be a headwind to EM local debt. % 1/1/2016 = 100 1.2 Average G3 10-Year Rate 34 EM Local Debt FX (Right, Inverted) 96 1.0 r 98 0.8 00 0.6 02 04 0.4 06 0.2 08 0.0 10 Jan-...
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Jan Loeys Global Asset Allocation (1-212) 834-5874 The J.P. Morgan View [email protected] 09 November 2012 necessarily. Last summer, as equity markets rebounded in June and July, Cyclical sectors actually underperformed. The thin grey line in the top chart shows that Cyclic...
…uestion whose answer will determine how profitable the new U.S. tax regime could make Wall Street firms like his Apollo Global Management LLC. Publicly traded partnerships, such as Apollo, are taxed differently than corporations. So should Apollo take advantage of the overhauled...
…e consider demographics as an important long-term factor for investing (as discussed in the Third Quarter 2015 issue of Global Foresight: Investing for the Ages), in the short run, it is eclipsed by economic cycles and political changes. For instance, Japan’s and Germany’s econom...
…l benefit from continued substitution for other energy sources over the long term. We have examined the dynamics of the global market and the various components of the gas value chain, and identified the areas we see as the most significant beneficiaries currently. These include...
…venue Streams Expand For Hemp Growers.” We think this compliments the sustainability movement that is gaining ground in global apparel and footwear production and among Millennial and Gen Z consumers. Western Producer quotes Jan Slaski, senior researcher for InnoTech Alberta, tha...
…tinct reveals are life- giving for business and eye-opening for culture, it’s to the devious and unavoidable problem of global order I want to turn now. In a now-famous 1986 speech “You and Your Research”, the Bell Labs scientist Richard Hamming set three questions for anyone emb...
…able region, and we remain neutral on Russia. 4 Positive scenario MSCI EM (6-month target): 1,190 e The outlook for the global economy improves, boosting EM's ability to grow more strongly in 2013. Stronger economic growth leads to earnings growth of 15%. Investor confidence impr...
TED2017: The future you 4/20/17, 12:07 PM vision, computational physiology, global seismic monitoring and philosophical foundations. He also works for the United Nations, developing a new global seismic monitoring system for the nuclear-test-ban treaty. His current concerns in...
…Dubai is in financial trouble. How could it be a role model?Dubai's downturn is temporary. Being one of the worlds most globalized cities, it couldn't help but be infected by a global recession. The contagion kneecapped each one of its economic pillars: Shipping, logistics, touri...
Andrew McMenigall, 47. A senior global equities manager at Scotland’s Aberdeen Asset Management Pic, who was based in Edinburgh. Died July 2 in a traffic accident while participating in a charity bicycle ride across Britain. Toby Wallace, 36. He was a Philadelphia-based senior...
…a’s rapid economic development and its accession to “great power” status need not be threatening to either the existing global order or the interests of its Asian neighbors. However, since Party general secretary Xi Jinping came to power in 2012, the situation has changed. Under...
…produced statistically significant benefits compared to placebo on the PANSS positive sub-scale (p=0.018), the Clinical Global Impression of Severity (p=0.04) and Clinical Global Impression of Improvement (p=0.02). The proportion of responders (improvement in PANSS Total score >...
… M2M - Specialty Publications - April 2, 2007 Smart shoes just got a little smarter. The newest models of GPS-enabled (global positioning system) shoes from Global Trek Xploration Corp. (GTXC), www.gtxcorp.com, Los Angeles, Calif., will now be equipped with wireless and location...
…zymes. "Dehspite significant progress over the last decades, high cholesterol remains a leading concern in the U.S. and globally," said Olivier Brandicourt, M.D., Chief Executive Officer, Sanofi. "Praluent demonstrates the power of the Sanofi and Regeneron alliance to deliver a f...