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Emerging Market Viewpoints – November

20 November 2017

Latest Emerging Market Viewpoints
From Matt Linsey and the North of South Capital team

The top 100 crypto currencies now have a combined market capitalisation of over U.S. $300 billion. This is similar to the total market capitalisation of Turkey, a country with a GDP of close to U.S. $900 billion.

Whether this is a bubble that will be compared to “tulip mania” in the future or a viable replacement of fiat currencies is impossible for us to answer. All we can do at this point is to explore the positives and negatives of the crypto currencies and their potential impact on the emerging markets. 

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