Emerging market investors and optimism

A company called Gramercy, which advises investors on opportunities for capital in the "emerging market" nations, says that now is a good time for lending money to countries in Latin America, Africa, and much of Asia.

Why? Because the US is driving the economic action out of itself, in their direction. Presumably the opposite of the intention. Uncertainty about everything from the supply chains for US companies that import their inputs to the independence of the Federal Reserve have all made the rest of the world seem a better place to invest. Furthermore, the US will to a large extent drag the rest of the industrialized world with it for some time yet, so opportunities are to be found ... elsewhere. In the not-yet industrialized world, i.e. the emerging markets.

Good going, Mr President. It is an ill wind that blows no good.

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