Search

Newsclips

Sovereigns Becoming Believers in Improving Economic Growth?

November 2, 2016

<Click on graphic for larger image> AQA – Ben Breitholtz: Sovereigns Becoming Believers in Improving Economic Growth? Quick Read: The aftermath of the Great Recession has been plagued with false starts to higher yields and inflation. However the current rise in yields is bucking bullish seasonals and past mean reversion tendencies. Economic data improvement is… Continue reading Sovereigns Becoming Believers in Improving Economic Growth?

Newsclips

The Non-Partisan Stock Market

November 2, 2016

Advisor Perspectives – The Stock Market Is Non-Partisan The S&P 500 gain of +44.0% during Obama’s second term ranks well ahead of the median of +27.5% gain for all presidential terms (included truncated ones) since 1928. The market’s first-term gain of +84.5% is the second-best on record, joining three other Democratic administrations among the top… Continue reading The Non-Partisan Stock Market

---

Newsclips

Markets Preparing For An “Orange Swan”?

November 2, 2016

MarketWatch.com – Just a Trump tantrum? Gundlach warns the ‘dam is breaking’ for stocks  Call it a “Trump tantrum.” Or markets prepping for an “orange swan” — a hard-to-predict and high-impact event. So what’s the difference between an “orange swan” and a “black swan,” used for an unpredictable event? You can prepare for the orange swan,… Continue reading Markets Preparing For An “Orange Swan”?

Newsclips

Majority Of Mortgages Now Written By Non-Banks Willing To Take More Risk

November 2, 2016

<Click on graphic for larger image> The Wall Street Journal – Banks No Longer Make the Bulk of U.S. Mortgages The change, though, gives rise to potential new dangers in the mortgage market. Chief among them is whether nonbanks have enough funds to weather a significant economic downturn in which missed payments on mortgages spike. Many… Continue reading Majority Of Mortgages Now Written By Non-Banks Willing To Take More Risk

---

Newsclips

Bond ETFs And Inflation

November 2, 2016

The Wall Street Journal – Inflation Jitters Spark Retreat From Bond ETFs The bond market’s October retreat fueled record withdrawals from some popular exchange-traded funds, the latest sign of investors’ anxiety over inflation. Investors pulled $998 million last Thursday from iShares iBoxx High Yield Corporate Bond ETF, the oldest and largest junk-bond ETF. That is the… Continue reading Bond ETFs And Inflation

Newsclips

Cartoons

November 2, 2016

---

Newsclips

If Trump Wins …

November 1, 2016

<Click on chart for larger image> CNBC – This stock market metric says the likely winner is…Trump The stock market’s election year performance between July 31 and Oct. 31 has often accurately predicted the next president — and this year it’s pointing to a victory by Donald Trump, if history is a guide.  Sam Stovall,… Continue reading If Trump Wins …

Newsclips

What OPEC Deal?

November 1, 2016

<Click on chart for larger image> Comment Despite all the talk of OPEC deals, the chart above shows OPEC production is at a new record high. If crude rallied to over $50 on the idea of supply reductions, production needs to fall considerably. Bloomberg Business – OPEC Head Says Oil Producers On Course to Clinch Supply… Continue reading What OPEC Deal?

---

Newsclips

More On Struggling Active Managers

November 1, 2016

The Financial Times – Fund industry assets fall for first time in five years Asset managers have been hurt by challenging investment landscape and redemptions The assets of the world’s largest 500 fund managers have fallen for the first time in five years as investment houses continue to grapple with outflows from some of their biggest… Continue reading More On Struggling Active Managers

Newsclips

A Record In Corporate Bond Issuance

November 1, 2016

The Financial Times – Corporate bond market set for record year of debt issuance Surge of takeovers and buyouts fuels uptick in global bond offerings A surge of blockbuster takeovers and buyouts has provided renewed ammunition for the corporate bond market, supplying fresh kindling in what is already set to be a record year of… Continue reading A Record In Corporate Bond Issuance

---

Newsclips

Talking Fed

November 1, 2016

<Click on chart for larger image> MarketWatch.com – Fed expected to tee up December interest-rate hike  Statement expected to point to ‘next meeting,’ at which market puts odds for hike at 70% The Federal Reserve is not expected to leave anyone guessing. The central bank will use its two-day meeting Tuesday and Wednesday to put the… Continue reading Talking Fed

Newsclips

Is China A Bubble?

November 1, 2016

<Click on graphic for larger image> The Wall Street Journal – Asset Bubbles From Stocks to Bonds to Iron Ore Threaten China Investment binge fueled by easy credit and fiscal stimulus increases volatility; prices surge, then slide A succession of asset bubbles has formed in China, caused by a torrent of speculative money sloshing from… Continue reading Is China A Bubble?