There Is Evidence Of Overheating In Emerging Economies

“In Brazil, like in many other emerging market economies, there is now evidence of overheating of the economy. Expected and actual inflation is starting to rise, and that implies that over the next few quarters there has to be a tightening of monetary policy, gradually but progressively, in order to make sure that inflation expectations remain anchored."

in Business Week

Brazil And India Are Better Then China

Brazil and India are in a better shape than China regarding the strength of domestic demand. Emerging markets can grow between 5 percent and 8 percent during the global economic recovery compared to between 2 percent and 3 percent for rich nations.

in Bloomberg

Bond Vigilantes Are Going To Wake Up In The United States

"Bond market vigilantes have already woken up in Greece, in Spain, in Portugal, in Ireland, in Iceland, and soon enough they could wake up in the U.K., in Japan, in the United States, if we keep on running very large fiscal deficits. The chances are, they are going to wake up in the United States in the next three years and say, this is unsustainable."

in Bloomberg News