About Natalia
Understanding the macroeconomic nuances of emerging markets takes a keen eye, developed over years of practice. However, more importantly, the ability to translate and clearly communicate the ramifications of these trends is an innate skill. Natalia combines these qualities through sharing her daily views on emerging markets.
My Insights
March 02, 2021
China Steps Up Anti-Bubble Rhetoric
by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy
China’s banking regulator warns about domestic and global asset bubbles. Brazil’s fiscal concerns push the market to price in earlier and more aggressive rate hikes.
March 01, 2021
China Activity Gauges – Down But Not Out
by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy
China’s activity gauges slowed further in February, but this weakness is likely to be temporary. Activity gauges across EM showed a lot of divergence.
February 26, 2021
Lesson From Selloff – EM Is Not A Monolith
by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy
Yesterday’s EM rates and currency selloff was not completely indiscriminate – South Africa was hit much harder than “safer” credits such as China.
February 25, 2021
Brazil’s Splitting Headache
by Natalia Gurushina, Chief Economist, Emerging Markets Fixed Income Strategy
Brazil’s key near-term risk is that the emergency aid bill will be approved without compensatory measures. Mexico’s electricity bill raises further concerns about reforms’ rollback.