What Emerging Market Debt Bubble? Galloway's Shor Sees No Signs
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Galloway Capital Management founder Nathan Shor isn’t seeing signs of a bubble percolating in emerging-market credit.
“I can imagine that a lot of people in the market think that, but we don’t believe that’s the case,” Shor, who is based in Sao Paulo, said in an interview. On a rising scale of one to ten he puts the chance of a bubble at most at a four. And that’s “being cautious,” he said.