Despite the capital outflows emerging markets have more room for both fiscal and monetary stimulus compared to developing markets and will benefit from the supply chain diversification will follow Covid-19.
Curt Custard, head of global investment solutions at UBS Global Asset Management, is “very, very disappointed” with his investment banking colleagues. Perhaps even a little mad. But he displays similar sentiments toward US Republican presidential candidates, politicians in general, Europe and John Maynard Keynes. At UBS asset management “nobody is as frustrated as ourselves as […]