What’s Next
Our post-Brexit breakout has positioned US equity markets to once again test 52-week highs – as unexpected as that may have seemed little more than a week ago. The Dow […]
Japan
Expect Range Bound Trading
Brexit vs Bremain campaigns continue to dominate headlines as the Sterling slides to two-month low. We closed out last week with a distribution day as all three major equity market indices lost […]
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 […]
Fresh Start?
US equity markets rallied sharply on Friday furthering the reversal that took shape in mid-month. Volume on the NYSE (+13.47%) and NASDAQ (+12.66%) rose as did the major market indices. […]
What is the value of China’s Second child liberalization policies for investors?
Both optimism and caution are the themes surrounding China’s new policy. In an interview with Lu (Sandra) Kang for Tencent Financial News I suggest that the “two-child policy will bring to market […]
Global Headwinds Remain Despite Gains
Earnings and the prospect of merger/acquisitions were the principle driver of volume and price action yesterday, as should be the case at this point in the calendar. Roughly 65% of […]