There are interesting parallels w/ EMs & impact of pensions on asset prices. Why wouldn’t it be the same for DMs?
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Replying to @tierrapartners
Do EMs have a lot of money tied up in pensions and then are those pensions in the stock market?
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Replying to @Molson_Hart
LatAm pensions do. I don’t really follow other EM pensions but SOEs have a similar effect imo.
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Replying to @tierrapartners
I would've thought it's a different situation because, typically, EMs have a much younger population and therefore the time horizons are totally different.
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Replying to @tierrapartners
You're gringo or you're calling me one? You can't blame me. Your name is "Tierra" partners.
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