From buying Brazil to apocalyptic solar flares and the notion of a European debt jubilee, John Stepek looks at some of the more outlandish calls analysts are making for 2019.
The latest political upset in Italy has given investors a fright. But they are taking too pessimistic a view.
Turkey’s currency is collapsing. Money is flooding out of the country. Investors have lost all confidence. It’s a prime example of just how important good governance is, says John Stepek.
Investors are worried that Argentina and Turkey could be the first two dominoes to fall in a wider emerging-markets crisis.
Turkish stocks have lost 20% this year and the Turkish lira has slipped by more than 10% against the US dollar.
As inflation rears its ugly head again, John Stepek looks at what the charts can tell us about the way the global economy could be heading.
Russia may be cheap – but that certainly doesn’t make it good value. If its stand-off with the West goes on, Russia could become a total pariah state in investment terms.
Last week, Germany’s benchmark index, the Dax 30, produced a “death cross”: a widely watched technical indicator that often heralds further falls.
Russia’s economy is stagnating, but Vladimir Putin – in power for 18 years and set for six more – shows scant interest in doing anything about it.
Italy’s politics have long been an international joke – but after an exceptionally farcical election at a difficult time, that joke isn’t funny any more, say Frédéric Guirinec and Cris Sholto Heaton.
Ray Dalio, one of the world’s richest men, has bet $18bn against eurozone stocks. That’s one hell of a contrarian call, says Matthew Lynn.