Credit Suisse Likes Emerging Markets; Northern Trust Looks For 1% Yield On Ten Year

In the wake of Brexit, stay the course in the emerging markets, is the message from Credit Suisse. In a post Brexit world, Northern Trust said Brexit “is not a cataclysmic event,” but don’t misunderstand it as a market positive. They are looking for 1% yields on the US ten year note. Credit Suisse: Brexit diminished risk appetite, look to emerging market equities The June 23 EU referendum has “diminished risk appetite and created negative contagion across global asset prices,” a July 1 Credit Suisse report titled “Stay the course on EM post Brexit” said. It is emerging market equities…