研究から広がる視点と考察。
主な各カテゴリーの最近の掲載分から、日本語の概要を追加しています。原典のタイトルは原語のまま掲載し、未翻訳の概要は英語で表示します。
922 件
英語の概要です。日本語版は順次追加しています。
Fortun discusses weak investment outside China and the risks from uneven pandemic recoveries, Omicron, higher US rates and a stronger dollar.
詳細を見る英語の概要です。日本語版は順次追加しています。
The article cites Fortun's assessment of how currency depreciation, anticipated Federal Reserve tightening and pandemic uncertainty affected November portfolio flows.
詳細を見る英語の概要です。日本語版は順次追加しています。
High public debt and very low bond yields coexisted in Japan under sustained central bank support. The December 2021 comparison asks whether the euro area was moving toward a similar configuration, as the European Central Bank’s role expanded and foreign government bond holdings declined. It presents an emerging parallel between the two monetary systems, rather than a completed convergence.
論文を読む英語の概要です。日本語版は順次追加しています。
Fortun links the slowdown in emerging-market portfolio inflows to weaker currencies, expectations of earlier Federal Reserve tightening and concern over a new coronavirus variant.
詳細を見る英語の概要です。日本語版は順次追加しています。
Turkey’s November 2021 currency selloff resembled the 2018 crisis in scale but occurred with a stronger external balance. Robin Brooks, Jonathan Fortun and Ugras Ulku attribute the pressure to continued rate cuts, changing market psychology and the reversal of speculative inflows. They interpret the fall as overshooting and retain their contemporary fair value estimate of 9.50 lira per dollar.
論文を読む英語の概要です。日本語版は順次追加しています。
The safe haven role of US Treasuries depends partly on the durability of foreign demand. Robin Brooks, Jonathan Fortun and Jonathan Pingle argue in November 2021 that dollar strength reduced foreign central banks’ need to intervene and accumulate Treasury holdings. Persistently weak inflows could leave the market more exposed to global shocks and require renewed Federal Reserve support.
論文を読む英語の概要です。日本語版は順次追加しています。
The authors examine how central-bank asset purchases can suppress sovereign yields and obscure fiscal constraints, focusing on the euro area's policy-normalization risks.
論文を読む英語の概要です。日本語版は順次追加しています。
Debt drove emerging market portfolio inflows in October 2021, attracting $20.1 billion of the $24.9 billion total. Jonathan Fortun reports $4.8 billion entering equities overall, while Chinese stocks alone received $7.3 billion. That contrast reveals offsetting equity withdrawals outside China beneath the positive aggregate.
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