Monthly Investment and Research Commentary – December 2015

Country Ranking Trends As noted in last month’s commentary, the United Kingdom was at risk of an additional downgrade. Magni’s assessment is complete and the country was downgraded (see below). As the year comes to a close, a little less than half of the countries in the developed and emerging markets increased their Magni Country […]

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Monthly Investment and Research Commentary – October 2015

Country Ranking Trends Chile, France, Hungary, India, Indonesia, Spain, and the United Kingdom were downgraded for newly apparently shortcomings in the fiscal transparency. At the same time Italy, Malaysia, Peru, Poland, and Thailand were upgraded for recent progress in making their fiscal policy more transparent. A stable and transparent fiscal policy provides a better environment […]

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Reforms to Avoid the Predicted Chinese Crackup

Saint Paul, Minnesota – March 17, 2015 – In a recent Wall Street Journal article David Shambaugh predicted an end to the political system of China. His rationale is that the energy, creativity, and constructive power so badly needed for change in China can only be introduced through political reform and that, in the absence […]

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Ranking Emerging Market Countries – When Numbers Are Not Enough

Saint Paul, Minnesota – March 10, 2015 – After two consecutive years of negative returns investors are increasingly speculating about whether 2015 will be the year that emerging market equities rebound. Through the end of February, the MSCI EM index is up 3.7%. Magni is cautiously optimistic that these equities will move even higher over […]

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