Written by Jim Welsh
The characteristcs of the current crisis appear to be those of a global liquidity squeeze. This squeeze is exemplified by a number of factors, including a sharp rise in the dollar and a spike in treasury yields. Another asset indicating there are liquidity issues is the gold sell-off.
Please share this article – Go to very top of page, right hand side, for social media buttons.
The following two videos summarize the details, including how emerging markets are particularly challenged in the second video:
Source: YouTube
Source: YouTube
.
