Newsclips
Midterm Update: 5 Days To Go
November 2, 2018
An update of the consensus view on the upcoming midterm elections
An update of the consensus view on the upcoming midterm elections
Today's topics a possible trade deal with China, robots vs the Fed, the Fed's plan, leveraged loans, stock buybacks, Japan, the future of fund management, the yuan rallies and global growth over the next five years.
Investors facing losses across fixed income have been forced to diminish exposure to higher volatility growth equities, while seeking value and low volatility opportunities. This phenomenon is likely to continue in the event longer-end U.S. Treasury yields continue to climb.
ETFs dominate the investment landscape, but they are highly concentrated within a few funds run by Vanguard and BlackRock.
We see positive developments in search trends for key Asia Pacific economies. Rising interest in energy, raw materials, energy and credit suggest China's trading partners are optimistic about stimulus efforts.
The odds for a Democrat-controlled House jumped yesterday.
A look at stock & bond total returns through October 2018
Today's topics include wage growth, Treasury auctions, earnings, tariffs' effect on the economy and betting on crude oil.
Traders were indiscriminate buyers of stocks prior to the September 20 peak. Since then, traders have been more selective by selling their high growth stocks.
Decreased foreign demand for U.S. Treasuries is not necessarily an opinion on the U.S. dollar.