Financial Times (January 4)
Whether “Abenomics remains a relevant force…may depend heavily upon the performance of the Nikkei 225 Average over the next six weeks.” If the “huge dip that savaged the benchmark” last year during the same period can be avoided, many analysts believe “we may be looking at a market with enough foreign buying and other support to sustain the current bull run.”
Tags: Abenomics, Analysts, Benchmark, Bull run, Dip, Foreign buying, Market, Nikkei 225, Performance, Relevant force, Support
Reuters (January 29)
“The Bank of Japan unexpectedly cut a benchmark interest rate below zero on Friday, stunning investors with a move aimed at shielding the country’s sluggish economy from volatile markets and slowing global growth.”
Tags: Benchmark, BOJ, Economy, Growth, Interest rates, Investors, Unexpected, Volatility
The Economist (September 12)
“The last time the Federal Reserve raised its benchmark interest rate, there was no one to tweet about it.” That was in June 2006 before Twitter’s IPO. “Nine years on, as the Fed readies itself to raise rates again, the public debate between hawks and doves is much noisier.” Even though markets are counting on least one rate rise this year, “it does not pay to go early: a rise now would needlessly risk America’s recovery.”
Wall Street Journal (November 3)
“Moscow may have a currency crisis on its hands.” For the year the ruble has sunk 22% against the dollar, trailing only “Argentina as the biggest emerging-market currency loser.” Though the faltering Russian economy could benefit from lower interest rates, “the Bank of Russia raised its benchmark interest rate to 9.5% from 8% on Friday in an attempt to stop a run on the ruble and stem inflation, but the ruble kept falling even after the rate hike.”
Tags: Argentina, Benchmark, Currency crisis, Dollar, Economy, Emerging markets, Inflation, Interest rates, Moscow, Ruble, Russia
Investments & Pensions Europe (November Issue)
Awareness has grown “that institutional investors who define their job as beating the peer group benchmark are being irresponsible.” With that realization, responsible investment has reached the first stage. Today, “the challenge for ESG 2.0 is to learn to manage the modern risks that are linked to long-horizon stewardship investing.”
Tags: Awareness, Benchmark, Challenge, ESG 2.0, Institutional investors, Irresponsible, Long-horizon, Peer group, Responsible investment, Risks, Stewardship investing
