Economist’s View: Sovereign Debt Risk
Posted on Tuesday, June 24th, 2008 | In Current Market News
Contributed by: Roger Nusbaum (http://randomroger.blogspot.com) -
Economist’s View: Sovereign Debt Risk
A good read via Mark Thoma about emerging market debt.
Without getting into whether the thesis is correct (because I don’t think it matters) it is a great example of why moderation matters.
Emerging market debt is a great asset class, potentially, and there are funds that allow you to access it but just because it is easy to access does not mean you should access a lot of it.
A modest portion of your fixed income allocation? Sure. 40, 50% because you can get a high yield, that scream watchout for the future, or if you read the article it screams watchout for the near term.
Last 5 posts by Roger Nusbaum
- The Big Picture for the Week of November 15, 2009 - November 14th, 2009
- Process Drilldown - October 23rd, 2009
- Sunday Morning Coffee 10-18-09 - October 18th, 2009
- A Little Followup From This Morning - October 8th, 2009
- Wednesday Roundup - October 7th, 2009
 About Roger Nusbaum (http://randomroger.blogspot.com)
Roger Nusbaum is a portfolio manager with Your Source Financial of Phoenix, and the author of Random Roger's Big Picture Blog, which has been profiled in several top business publications, including Barron's and Forbes. Nusbaum has also been a financial consultant with Morgan Stanley, an investment counselor with Fisher Investments and an institutional equities and options trader with Charles Schwab. He holds a bachelor's degree in economics from San Diego State University |
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