Bloomberg (February 26)
“After weeks of grumbling, the world’s biggest bond market spoke loud and clear Thursday — growth and inflation are moving higher. The message wreaked havoc across risk assets…. Speculation is building that a year of emergency stimulus is not only working, but has left some areas of the economy at risk of one day overheating.”
Tags: Bond market, Economy, Emergency stimulus, Growth, Grumbling, Havoc, Higher, Inflation, Overheating, Risk assets, Speculation
Financial Times (February 7)
“Risk assets started this year on a tear. Before the coronavirus outbreak unsettled investors, global equity prices had risen by more than 10 per cent in three months while credit spreads were near record lows.” Attributing this to “to the Fed’s actions is alluring,” but probably incorrect and “it could leave investors wrongfooted again when the central bank pares back its interventions later in this year.”
Institutional Investor (March 24)
“A reversal for the dollar and oil have not yet quenched investors’ appetite for euro-denominated risk assets.” In the absence of a market-shaping event, “investors keep flocking to Europe.”
Tags: Dollar, Euro-denominated, Europe, Investors, Oil, Reversal, Risk assets
