- EEMBarrons.com•38 minutes ago
The iShares MSCI Emerging Markets ETF (EEM) was up 0.3% Wednesday as some investors took a breather in overseas trading. It could be short covering:the MSCI Emerging Market Index was down 1% Wednesday, ...
- EEMBarrons.com•1 hour ago
Mark Mobius thinks the Bank of Japan will resort to helicopter money if the Japanese yen hits 90 per U.S. dollar, the executive chairman of Templeton Emerging Markets Group said in an interview on Bloomberg: “They’re really beginning to think what ammunition they have,” he said in an interview on a visit to a typhoon-struck Tokyo this week. “The first reaction is to say, OK, let’s go for helicopter money, let’s get money directly into the hands of consumers,” he said. “I think that would probably be the next step.” “I think they will engage in helicopter money with great care and great reluctance, and of course if they do it carefully it won’t have the desired effect,” he said.