Citi: The most important people in finance are concerned about these four things

Livewire News

Livewire

Citigroup Chief Economist Willem Buiter published a note on discussion among policy makers: 1.China's economy. The consensus among people Buiter spoke with was for stabilization in China in the near term, with little risk of a drastic turn for the worse before the end of the year. 2. Risk of an emerging-market crisis. Slowing growth in emerging markets has been a big theme lately, and it was no different at the meetings in Lima. The vast majority of people Buiter talked with believed that these countries are looking at a growth crisis, not a financial crisis. 3. Effects of an EM crisis on developed markets. Because growth in emerging markets has been a driver of world gross domestic product since the financial crisis, many have expressed concern about the broad impact of slowing growth in EMs. 4. Exchange rates and capital flows. As China devalued its currency and talk of so-called currency wars has emerged, exchange rates were bound to come up. Most of the people Buiter talked with were "comfortable" with the moves we have seen so far. (VIEW LINK)


Livewire News
Livewire News
Livewire

Livewire News brings you a wide range of financial insights with a focus on Global Macro, Fixed Income, Currencies and Commodities.

Expertise

No areas of expertise

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.