Here is what I am reading to start the week: Why We Regulate – Paul Krugman (The New Yor Times) How the euro volatility can hurt Asia (The South China Morning Post) Building a diversified income strategy with emerging markets (Emerging Money) The Mania for Fiscal Austerity, “Hard Money” Ideology, and Reification of the Money…
Van Eck doesn’t really break out the specific debt holdings in its Market Vectors Indian Rupee fund INR (quote), but it’s clear that the portfolio was structured better than India’s currency is faring in the money markets. The other rupee fund, WisdomTree’s ICN (quote), is in an equally impressive position, up 3.83% year to date.…
“The three nations are major traders, and together accounted for 19.6 per cent of global gross domestic product and 18.5 per cent of exports in 2010, according to a feasibility study issued by their governments last year on the trade pact.” ““China is the biggest trade partner of both Japan and South Korea. A free-trade…