Emerging markets will suffer accelerated debt outflows if Brazil receives a sovereign credit downgrade, says Deutsche Bank. In their weekly fund flows report, Jan Rabe and Adrian Rott of Deutsche Bank, also point out that developing market equities continued to enjoy strong inflows. Brazil’s host of problems The Deutsche Bank analysts point out Lat-Am’s largest economy is running the biggest budget deficit since 2009 and facing a host of problems. To just name a few, the analysts point out Brazil’s inflation is still out of control, the yield on government debt is showing a rising trend and the country is…
Brazil Downgrade Means Debt Outflows in Emerging Markets
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports