Pick a major recent news event. What were your thoughts as a financial analyst when you heard about that news event?
Currency depreciation in major emerging markets.
This currency depreciation is due to traffis put by the US gov on steel and aluminium products as well as economic recession at some part of the world. This will make US import costly and export from the emerging market will be strenghtened. That will lead to major setback to the US companies because they will loose in this globalised competitive market.
As the Fed is keep rising the interest rate, it will further worsen the situation for US economy because currency will further strenghtened and put pressure on domestic products.
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