On August 18, 2016, Donald J. Trump tweeted, “They will soon be calling me Mr. Brexit.” Markets may agree. The uncertainty of November 8 vote may impact markets similar to the EU Referendum, which resulted in the Brexit. The vote to leave the EU went against most economists’ perpetual warnings of a Brexit. The former British Prime Minister, David Cameron, Bank of England and HM Treasury had repeatedly warned Britons that Brexit would raise global economic concerns for the UK. But the unanticipated Brexit result sent markets in a flurry. Loss of confidence sent the pound to its lowest levels since 1985, London equity marketsRead More →

The Trans-Pacific Partnership (TPP) has been an ongoing trade deal that was finally agreed upon by all the 12 countries. The secret deal connects 12 countries of US, Brunei, Chile, Australia, Singapore, Japan, Mexico, Vietnam, New Zealand, Canada, Malaysia, and Peru. The regional trade deal is already receiving mixed reviews that are focused on the environmental, labor, trade and intellectual property issues  The trade deal establishes international common standards and is likely to be a threat to those countries that have been left out. Some of the non-TPP countries also happen to be large emerging markets like China, India, South Korea and Taiwan. The trade deal was put under ‘fast track’Read More →