ETFs will be one transmission mechanism for this year's source of international financial contagion

John Robertson

PortfolioDirect

ETFs will be one transmission mechanism for this year's source of international financial contagion. Each of the developing economies has its peculiar mix of economic, political and social issues with which to cope. Their economic linkages appear weak. Investment strategists always trying for eye-catching themes to win attention have encouraged the indiscriminate flow of funds to emerging markets via broad-based ETFs. Now, there is little chance to discriminate in the sell off. Concerns about Turkey or Argentina will lead to sales across the board for emerging markets. My daily market thoughts at (VIEW LINK) raise two aspects of the emerging market worries with an impact on the resources sector: the impact of exchange rate adjustment on growth and the connection between emerging markets and resource sector equity prices.


1 topic

John Robertson
John Robertson
PortfolioDirect

John Robertson is Chief Investment Strategist for PortfolioDirect a provider of resource sector investment stock ratings and portfolio strategies for mining and oil and gas investors. He has worked as a policy economist, corporate business...

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.

Comments

Sign In or Join Free to comment