In the Media: Tencent
Breaking through the patriarchal political barrier, Lagarde becomes Europe’s first female central bank governor–by Kang Lu and edited by Zhang Qingning. Original in Mandarin Lagarde accepted an interview with the […]
ECB
Last week’s pullback leaves equity markets vulnerable
The pullback that I suggested was on the horizon in last Monday morning’s note took shape last week. All three US major market indices lost ground on every trading day […]
2017 – A Look Ahead
Equities In the case of equities, as you know, I am constructive. I am calling for the Dow Industrials to close out 2017 at 22,900. My 2017 year-end target for […]
In the Media Updates Bloomberg, Yahoo Finance, Reuters
3 ways Trump is radically changing his economic plan ~ In the studio with Alexis Christoforous and Rick Newman December 1, 2016 New York Yahoo Finance http://finance.yahoo.com/news/3-ways-trump-is-radically-changing-his-economic-plan-164804812.html […]
Brexit Uncertainty Drives Volatility
Last week’s price action in US equity markets was dominated by a downshift in economic outlook by the FOMC, mixed US economic data, heightened concern over a “Yes” vote in […]
FOMC Meeting Announcement Dominates
After a one day delay, European and US equity markets took the bait laid out by ECB head Mario Draghi on Wednesday. Friday saw markets rally sharply into the closing […]
Diminishing Marginal Returns
US equity pre-opening futures priced in a sharp rise in trading as a result of the ECB’s insistence on continued “aggressive intervention” by way of lower rates and expanded QE […]
12 themes that will dominate global markets in 2016
Email subscribers received this note on 12/31~ find out more on the subscription page. What to look for over the next twelve months: 1.) Volatility will play a dominant role once […]
Looking Past the ECB
Yesterday’s selloff in U.S. equity markets was more a function of Mario Draghi and the ECB delivering on weaker than expected quantitative stimulus policies than anything else. In recent weeks […]