The emerging market meltdown that occurred between May 12 and June 13, 2006, had an impact on currencies, the carry trade and incredible growth in derivatives over the last decade, as described in Part 1.
In summary, here are the issues we will be examining in part 2.
An index that has been uncannily accurate in providing advance warning of emerging market trouble and what it is saying now.
What the yield curve inversion for the third time in the last six months means. How accurate has it been in the past in warning of a pending slow down?
Based on the importance that real estate and related construction activities play in economies around the globe, what impact will a real estate correction have?
Real wage growth, a principal driver in consumer spending, has been trending down since 1965. What does it mean for the economy going forward?
What are the most important cycles saying about what to expect in the coming months and years?
Finally, we will tie these factors together to...
Last edited by a moderator: