<Click on chart for larger image> The Financial Times – Don’t bet on Donald Trump opening the spigots on US oil Scrapping regulations makes for powerful campaign rhetoric, but is of limited impact Donald Trump on Monday posted a video describing plans for his first 100 days as US president. “On energy, I will cancel job-killing restrictions… Continue reading Trump And U.S. Crude Oil
<Click on graphic for larger image> AQA – Asset Allocation Still Proving Very Difficult Well here we go again! US equities, treasuries, cash, and commodities are on course to offer one of their worst asset allocation years like 2015. The rolling 1-year maximum return offered by these assets is a paltry +5.2% after USTs suffered… Continue reading Asset Allocation Still Proving Difficult
<Click on chart for larger image> The Wall Street Journal – The Darker Side of the Dollar’s Rise Expectations of better growth are also tightening financial conditions Expectations of stronger U.S. growth as President-elect Donald Trump opens the fiscal taps have lit a fire under the dollar—with the greenback reaching a 13-year high measured by the… Continue reading The Rising Dollar
<Click on chart for larger image> Bloomberg View – Mark Gilbert: Bond Market Is Right to Worry About Italian Vote In less than two weeks, Italians will vote in a referendum on whether to change the nation’s constitution. Polls consistently suggest the government will lose the vote; even former Prime Minister Mario Monti told Bloomberg Television… Continue reading Why The Bond Market Is Worried About The Italian Vote
<Click on graphic for larger image> Credit Suisse – Global Wealth Report 2016 This year’s Global Wealth Report confirms a course of weak global wealth growth. In the past 12 months, global wealth has risen by USD 3.5 trillion to USD 256 trillion, which represents an increase of 1.4%. However, wealth creation has merely kept… Continue reading A Look At Global Wealth
<Click on chart for larger image> Bloomberg.com – Fed Hike Is Certainty for Bond Traders as Market Odds Reach 100% Two-year Treasury auction Monday drew highest yield since 2009 Easy for Fed to raise rates as stocks are gaining, Kuriki says A Federal Reserve interest-rate increase next month is as certain as death and taxes… Continue reading A Fed Hike Is Now A Certainty
<Click on chart for larger image> Real Time Economics (WSJ Blog) – Greg Ip: The Donald Trump Trade Effect: Watch the Peso, Not Ford Though not yet president, Donald Trump has already notched his first victory in his campaign to stop foreigners from stealing American jobs. On Thursday Mr. Trump disclosed that Ford Motor Co. was… Continue reading Trump & The Peso
The Wall Street Journal – Donald Trump Calls for List of Day-One Executive Actions, Outlines First 100 Days In video, Trump vows to order withdrawal from TPP trade deal, investigate immigration visa fraud and create a plan to counter cyberattacks President-elect Donald Trump said on Monday he has ordered his transition team to draft a list… Continue reading Trump’s First Day
<Click on graphic for larger image> MoneyBeat (WSJ Blog) – Stock Buybacks Forecast to Surge 30% in 2017 S&P 500 companies will buy back more of their shares next year as a new presidential administration looks set to encourage them to bring overseas cash back to U.S. shores, according to Goldman Sachs Group analysts. Share… Continue reading Will Repatriation Of Offshore Earnings Lead To Buybacks?
DealB%k (NYT Blog) – Investors Make Bullish Bet on Trump, and an Era of Tax Cuts and Spending Two weeks after Donald J. Trump swept to victory, investors from around the world are betting that his promises of tax cuts, fewer regulations and a spendthrift federal government can recharge the American economy. This burst of… Continue reading The Markets Bet On Trump
<Click on graphic for larger image> BBC News – Theresa May bids to reassure business on Brexit ‘cliff-edge’ Theresa May has tried to reassure businesses fearing a sudden change in rules once the UK leaves the EU. Speaking at the CBI conference, Mrs May promised early agreement on the status of UK nationals in Europe… Continue reading BRexit Continues To Unfold