Berkeley Macro Musings

  Berkeley Macro Musings – 2016 from Michael C. Eddy

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3rd Quarter Market Update

Stock prices declined in the third quarter. They did so in the US and most everywhere else in the world, particularly emerging markets in which currency declines compounded losses.  Commodity prices were candidly taken to the “wood shed” as declines were most shocking in the oil patch! High yield bond prices dropped 7% as economic […]

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Emerging Markets Struggle

The first month of 2014 was a tough one for many emerging markets around the world. The MSCI Emerging Market Index was down over 8% in January. There is evidence many of the world’s leading economies may be slowing and the markets are reflecting those fears. We believe part of the pressure being exerted on […]

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