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The idea of a universal basic income--a no-strings-attached monthly stipend to every resident--has been widely touted as a substitute for a social safety net that could satisfy liberals and libertarians [...]

An interview with Dr. Komal S. Sri-Kumar, the president of Sri-Kumar Global Strategies Inc. is presented. When asked about the reason behind his decision to start his own firm, he refers to Latin crisis. He also discusses his investment philosophy mentioning about his global perspective, and the economic trend.

(Bloomberg Opinion) -- Low Inflation Boosts Markets for Wrong Reasons: Komal Sri-Kumar Since the 2008 financial crisis, three Fed chairs have attempted without success to reach and sustain a 2 percent inflation goal. [Extracted from the article]

(Bloomberg Opinion) -- Hot Emerging Markets May Be in for a Shock: Komal Sri-Kumar Both the MSCI EM Index of equities and the Bloomberg Barclays Emerging Markets Local Currency Government Debt Index are poised for their best quarters since the start of 2017. [Extracted from the article]

The more widely watched spread between two- and 10-year Treasury yields narrowed significantly following the Fed's rate boost and Powell's comments to less than 10 basis points. A "Powell Put" is likely to be delayed, but not denied.• Based on the experience in the last recession, the spread between two- and 10-year Treasury yields may again become positive toward the end of 2019 as the Fed cuts rates. [Extracted from the article]

(Bloomberg Opinion) -- Bonds' Message to the Fed Getting More Powerful: Komal Sri-Kumar The Fed Isn't Heeding the Bond Market's Message The Fed was not the only major central bank to maintain an excessively tight policy for too long. [Extracted from the article]

(Bloomberg Opinion) -- Major Central Banks Are Too Hawkish: Komal Sri-Kumar Ending ECB bond purchases, or increasing the main refinancing rate above the current zero level, could increase bond yields in the region's southern fringe. [Extracted from the article]

(Bloomberg Opinion) -- Mexico Election Has Global Market Implications: Komal Sri-Kumar There are three developments that investors should monitor in deciding whether the next administration would be favorable for Mexico's financial markets. [Extracted from the article]

(Bloomberg Opinion) -- Emerging Markets Can't Blame the Fed This Time: Komal Sri-Kumar Emerging Markets Can't Blame the Fed for Their Problems A quintupling of the Fed's balance-sheet assets from about $900 billion in September 2008 to a peak of $4.52 trillion in 2015 helped spark a surge of capital into emerging markets to take advantage of higher rates. [Extracted from the article]

(Bloomberg Prophets) -- Euro Zone Investor Patience Will Be Rewarded: Komal Sri-Kumar In Germany, the Social Democratic Party said its members decided to join a coalition government led by Chancellor Angela Merkel of the Christian Democratic Union, enabling Merkel to form a new pro-Europe government. [Extracted from the article]

(Bloomberg Prophets) -- Europe Is Giving Investors More Reason to Cheer: Komal Sri-Kumar Europe Is Giving Investors More Reason to Cheer. [Extracted from the article]

Market disquiet arose from a statement by U.S. Treasury Secretary Steven Mnuchin on Jan. 24 that he preferred a weak dollar to help U.S. trade -- an unexpected reversal of a two-decade-long Treasury policy of talking up the dollar to maintain investor confidence. If President Donald Trump makes overtures toward reaching new trade treaties rather than pull out of ongoing negotiations, expect equities to resume their recent rally, and for Treasuries to fall again in yield. Emphasizing the U.S. role as a key player in global trade, and restoring investor confidence in holding dollars, is key to bringing global investors back to U.S. financial markets. [Extracted from the article]

(Bloomberg Prophets) -- Nafta Renewal Would Benefit U.S. Investors: Komal Sri-Kumar In the Nafta negotiations, one of the U.S. proposals was to limit the extent of government contracts that Canadian and Mexican companies can win to the size of those much smaller economies. [Extracted from the article]

By staying for a decade with what then-Fed Chairman Ben Bernanke referred to in 2008 as short-term "emergency measures", the central banks have themselves become a big part of the uncertainty that investors have to take into account. And in September 2015, after repeated signals that the Fed meeting that month would mark the first increase in interest rates since the financial crisis, the central bank backed off at the last minute. A clear central bank decision rule -- whether based on Taylor or a credible substitute -- would allow investors to plug numbers into the equation to decide whether the central bank would tighten, ease or leave the policy unchanged. [Extracted from the article]

(Bloomberg Prophets) -- Catalonia Crisis Is Opportunity for Investors: Komal Sri-Kumar In sum, the Catalonia situation may just be a storm in a teacup, but it's one with important implications for both bond and equity investors. [Extracted from the article]

(Bloomberg Prophets) -- Rising U.S. Bond Yields May Be Short-Lived: Komal Sri-Kumar Bond yields were further boosted by the tax reform package unveiled by President Donald Trump on Sept. 27 that includes fewer brackets and lower rates for individuals. [Extracted from the article]

(Bloomberg Prophets) -- Full Employment Still Remains a Long Way Off: Komal Sri-Kumar That, combined with the surge of the Fed's balance sheet from about $800 billion in late 2008 to the current $4.5 trillion, was expected by an overwhelming number of investors, and by the central bank itself, to push wages and prices to much higher levels. Labor-market slack, along with benign wage and inflation numbers, are posing a conundrum for the Fed. Attribution Max Berley: editor Komal Sri-Kumar: author. [Extracted from the article]