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𝕮𝖍𝖎 🛢️
@chigrl
, 3 tweets, 1 min read Read on Twitter
*Looks at oil
*Looks at USD
Think we are going to have revisit EM dollar denominated debt again😳
This is getting increasingly more worrisome as USD climbs...

Emerging Markets Equity Funds (including both mutual funds and ETFs), Quarterly Net Flows ($Bil), Q1 2018-Q1 2019 (to date)
Why?
because EM debt & equity inflows are +$250B and oil price over threshold...look at Argentina & Turkey fissures, first signs of US $ melt-up pressure, this in turn,
raises risk of a contagian EM credit event
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