Goldman, JPMorgan advise ducking out of emerging markets
In today's Breakfast with Benjamin: Two big investment houses recommend exiting emerging markets. Also: Credit Suisse offloads risky assets, investment gurus get nervous about 2014, cold weather and a weak economy, and what will cost more this year.
- Goldman, JPMorgan get bearish on emerging markets. Forecasting 10 years of ‘significant underperformance’
- Credit Suisse is scrambling to offload risky investment bank assets. Squeezed by new regulations
- The beginning of the end of quantitative easing. What happens now
- Investment gurus worry that any 2014 good news has already priced in to the markets. Don’t expect much help from DC
- Goldman details the impact of brutal cold weather on a fragile economy. Something to note while examining data
- Ten things you’ll pay more for in 2014. From honey to housing
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