Wall Street Journal (December 12)
“Stocks and bonds have headed in opposite directions to start December, a sign that investors’ worries about slowing growth have started to eclipse their fears of persistent inflation.”
Tags: Bonds, December, Fears, Investors, Opposite directions, Persistent inflation, Slowing growth, Stocks, Worries
Market Watch (November 15)
“A bullish day is setting up for stocks after more upbeat news on inflation as producer prices fell more than expected.” But the relief rally is likely overdone. “Wall Street remains wary, with fresh warnings from two big banks.” On Monday, Goldman Sachs cautioned “clients that the relief rally in bonds and risky assets was ‘likely overdone,’” just as “one of Wall Street’s most vocal bulls — Marco Kolanovic of JPMorgan — cut his equity risk exposure for the second time in two months, and he also cited that big market bounce last week.”
Tags: Bonds, Bullish, Goldman Sachs, Inflation, JPMorgan, Kolanovic, Overdone, Producer prices, Relief rally, Risky assets, Stocks, Upbeat, Wall Street, Warnings, Wary
Nikkei Asia (October 31)
“A record sell-off of China stocks has revealed investors’ fears over the country’s largest companies after Xi Jinping secured his third term,” cementing his grip on leadership. Any hopes “that China’s down-beaten tech sector would revive” or that more open borders might “boost the economy were apparently dashed” when the CCP’s national congress affirmed a Politburo Standing Committee most “notable for a lack of reform-minded top leaders.”
Tags: Borders, CCP’s, China, Companies, Dashed, Down-beaten, Economy, Fears, Grip, Hopes, Investors, Leadership, Politburo Standing Committee, Record, Reform, Sell-off, Stocks, Tech sector, Xi
Bloomberg (October 26)
“The latest bear-market rally in US stocks has brought investors off the sidelines and provided a welcome reprieve from three quarters of gloom. But traders now need to ask themselves whether the risks continue to justify the potential returns.” Are they “truly nimble enough to chase this latest short-term rally to culmination without toppling off the inevitable cliff at the end of it.”
Tags: Bear-market rally, Gloom, Inevitable cliff, Investors, Nimble, Reprieve, Returns, Risks, Short term, Stocks, Traders, U.S.
Wall Street Journal (October 16)
“Stocks slumped most of last week. Then they unexpectedly surged Thursday, only to tumble again Friday.” The wild swings may be driven by “a classic bear-market rally: a case of beaten-down markets temporarily bouncing higher, only to resume selling off.”
Tags: Bear-market rally, Bouncing higher, Markets, Selling off, Slumped, Stocks, Surged, Tumble, Unexpectedly, Wild swings
Financial Times (September 5)
“The euro dropped on Monday to a new 20-year low after Russia’s decision to shut a major gas pipeline to Europe intensified the energy crisis that has dealt a heavy blow to the region’s economy.” The currency blew past parity, going as low as $0.988 in London. Stocks fell and energy prices surged while “European capitals struggle to contain growing concerns over Russia’s ‘weaponisation’ of gas supplies.”
Tags: $0.988, 20-year low, Blow, Currency, Economy, Energy crisis, Energy prices, euro, Europe, Gas, London, Parity, Pipeline, Russia, Shut, Stocks, Surged, Weaponisation
Reuters (July 29)
“The prospect of a U.S. recession could mean more pain for battered stocks, despite a recent rebound that has taken the benchmark index to its highest level in more than a month.” If the U.S. is indeed entering recession “history shows the rough ride stock investors have endured this year may get even bumpier.”
Tags: Battered, Benchmark, Bumpier, Investors, Pain, Prospect, Rebound, Recession, Rough ride, Stocks, U.S.
Investment Week (July 14)
“For the first time in over a decade, listed stocks and bonds are positively correlated. Combined with geopolitical tensions, record inflation and monetary policy shifts, investors are having to look further afield to achieve returns.” That has some investors looking at alternatives as “an effective diversifier that can be worked into a full portfolio.”
Tags: Alternatives, Bonds, Decade, Diversifier, Geopolitical tensions, Inflation, Investors, Monetary policy, Positively correlated, Returns, Stocks
Reuters (June 13)
Despite tensions with the North, things are “upbeat” in Seoul. “Compared to pre-pandemic times, the capital city feels richer and more vibrant. A recent boom in local stocks, cryptocurrencies and real estate have spurred the city’s elite, unable to travel, to flex their wealth at home…. Luxury sales topped $14 billion in 2021, making South Korea one of the few markets worldwide to surpass 2019 levels.”
Tags: Boom, Cryptocurrencies, Elite, Luxury sales, Markets, North Korea, Pre-pandemic, Real estate, Richer, Seoul, Stocks, Tensions, Travel, Upbeat, Vibrant, Wealth
Institutional Investor (May 25)
“Managers that want to run fixed-income funds with a focus on environmental, social, and governance factors face larger research challenges than those in stocks. But the massive opportunity in bonds may make the uphill battle worth it.” Compared to equities, the “patchwork of standards” increases the “risks of ESG fixed income funds.”
Tags: Bonds, Challenges, Equities, ESG, Fixed income, Funds, Managers, Opportunity, Patchwork, Research, Risks, Standards, Stocks, Uphill
