◀ The Principal Blog

Posts from the ‘Multi Asset Advisors’ category

Vultures, a Ship, and RUFO: The Weird Tale of Argentina’s Latest Default



Last week, Argentina fell in default…again. Argentina last failed to make payments on its sovereign debt obligations in 2001, to the tune of $80 billion. Market reaction outside of Argentina to the most recent stumble was generally muted.  The U.S. stock market was down last week, but mostly…

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China: Will Inflation Information Lead to Easing or Squeezing?



Monetary and fiscal policies seem to be changing in China. The country’s central bank, the People’s Bank of China (PBoC), and their main banking regulator, the China Banking Regulatory Commission (CBRC), have made some gradual but noticeable shifts over the past two months. Our initial…

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