Latest Trading News & Market Updates
Here’s some of the standout economic and markets charts on my radar (originally posted on LinkedIn). I aim to pick a good mix of charts covering key global macro trends, and ones which highlight risks and opportunities across asset classes. Hope you enjoy! 1. U.S. Economic Optimism: Here’s an interesting chart – it shows the…
Overview: The eurozone’s preliminary composite PMI for January fell to its lowest level since July 2013. It reinforces expectations for a dovish Draghi press conference and saw the euro unwind yesterday’s gains. The US dollar is firmer against all the major currencies. Asian stocks gained, and the MSCI Asia Pacific Index snapped a two-day fall…
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser. Is this happening to you frequently? Please report it on our feedback forum. Reference ID:
On the latest edition of Market Week in Review, Chief Investment Strategist Erik Ristuben and Sophie Antal Gilbert, head of AIS business solutions, discussed the recent rally in equity markets, developments on the Brexit front and the impact of the U.S.-China trade war on consumer and business sentiment. Markets on the rise, but declining consumer…
Last year was unusual: U.S. equities and 10-year Treasuries both finished down, as heightened economic and geopolitical uncertainty and expectations for higher short-term rates drove markets. We see growth as the key market driver in 2019. This suggests Treasuries may offer more diversification benefits as a buffer to bouts of equity weakness. Chart of the…
Back in 2010, I came across Modern Monetary Theory (MMT) for the first time and found it somewhat appealing. This is the theory that Alexandria Ocasio-Cortez promoted along the way to her meteoric rise to Congress. MMT is a theory of economics that says some pretty controversial stuff – the government has a real budget…
Data Source: Bloomberg 2018 Year-End Market Commentary and 2019 Outlook – Vigilante No More Source: istockphoto.com Note to readers: We have sectioned the 2018 Year-End Market Commentary and 2019 Outlook accordingly: 1. Big picture outlook and key issues heading into 2019 2. Summary 2018 year-in-review 3. Final thoughts and our base case estimate of the…
In the “Fed Pulls the Punchbowl” part 1, I discussed some of the liquidity shifts we’ve seen in the credit markets over the last year or so. Since then, we’ve seen the market fall 3,000 points from ~24,500 to ~21,500 only to bounce back in the middle of this zone with the 1,000 point up…
Zoologists have just named a new creature, which buries its head in the sand, after President Trump. Fed Chairman Jerome Powell narrowly came in a close second on the list of eponyms. After his performance at the latest FOMC meeting, Mr. Market has graded Chairman Powell’s parochial, dual mandate fixated view as a global failure.…
Now that the world’s central banking cartel is taking a long-overdue pause from printing money and handing it to the wealthy elite, the collection of asset price bubbles nested within the Everything Bubble are starting to burst. The cartel (especially the ECB and the Fed) is hoping it can gently deflate these bubbles it created,…
