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Experts see the threat of a recurrence of the global crisis that occurred in 1997-1998
Bloomberg reports with reference to banking experts, writes Ekonomichna Pravda
Analysts argue fears of recurring market trends. "Sustained growth in the United States, smoothing the bond yield curve, reducing the markets of developing countries – all this sounds like an echo of the events of 20 years ago," – said the leader the United States. investment analyst at Bank of Ameri Michael Hartnett
Analysts argue that all these economic trends are similar to the situation of the 1990s.
At the end of the twentieth century, restrictive economic policies led to a strengthening the dollar. At the same time, markets in developing countries have fallen.
At the same time, it is noted that a similar situation today is caused by other factors. The fall in the value of the currencies of developing countries is relative and occurs in the context of the strengthening of the United States.
"Alone"
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