Why Brazil’s crisis creates new concerns
The revelations of May 17 may pose a threat to President Temer’s administration, and therefore a threat to Brazil’s short- and medium-term economic outlook.
Tag: Putnam Emerging Markets Income Fund
Research uncovers uneven credit opportunities
Investors have been somewhat more cautious on the corporate-debt sector lately, with spreads — which measure the yield advantage versus Treasuries — tight by historical standards. To be sure, the financial health of corporations in the investment-grade space continues to be quite strong. However, in a slow-growth macroeconomic environment, we believe it may prove challenging