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MIKE DOLAN: Bonds, emerging stocks eye ‘geo-investment’ switches

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Covid-19 and Russia’s war in Ukraine threaten to fragment trade globalisation

London — August has been rough so far for emerging market stocks and western government bonds, a worrying confluence that may extend losses from “geo-investment” standoffs and reflect an increasingly polarised world economy.

Northern summer months can be a dangerous time to over-interpret financial market moves. Thin trading volumes and exaggerated price swings notoriously deliver bum steers during holiday periods. But they can also crystallise brewing problems.... There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

 

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