It's emerging markets, not the U.S., where the "monstrous" risks lie this year, says Richard...

|By:, SA News Editor

It's emerging markets, not the U.S., where the "monstrous" risks lie this year, says Richard Bernstein. He notes inverted yield curves in Brazil in India as a "warning sign that no one is talking about. How do you know when a central bank has tightened too much ... when the yield curve inverts."