New York Times (September 28)
“Stocks are heading for their worst month of the year as a triple whammy of soaring bond yields, rising oil prices and slowing growth trigger a widespread sell-off, even in once-loved mega-cap tech companies.”
Tags: Bond yields, Mega-cap, Oil prices, Sell-off, Slowing growth, Stocks, Tech companies, Triple whammy, Worst month
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
Washington Post (May 20)
“Cryptocurrency investors woke up to grim news Wednesday: A brutal sell-off sent prices crashing across the board, wiping more than half a trillion dollars off the market.” It’s unclear if or when the dramatic turnaround will end. The cryptocurrency market “has roared since the coronavirus pandemic first gripped the world,” with “hordes of new investors…drawn by the allure of sudden price spikes and life-changing winnings.”
Tags: Allure, Brutal, Coronavirus, Crashing, Cryptocurrency, Investors, Life-changing, Pandemic, Price spikes, Sell-off, Winnings
Investment Week (May 18)
“Credit fundamentals have worsened since the market sell-off began, although central banks could provide some companies with a soft landing and many firms have drawn on their credit lines in a bid to stay afloat.” Even though “the impact is highly correlated across geographies, industries and asset classes…the potential outcomes are too severe to only affect equities and credit-market fundamentals have undoubtedly been impacted.”
Tags: Asset classes, Central banks, Correlated, Credit, Equities, Fundamentals, Geographies, Industries, Market, Outcomes, Sell-off, Severe, Soft landing, Worsened
The Guardian (July 9)
“The pound has come under fresh selling pressure amid rising fears over the strength of the British economy as no-deal Brexit looms,” tumbling to its lowest sustained level in over two years. “The latest sell-off comes at a time of a stalling UK economy, as the boost from stockpiling before the original Brexit deadline begins to fade” and fears grow that “the economy probably contracted in the three months to June, raising fears of a technical recession.”
Tags: Brexit, Economy, Fears, No-deal, Pound, Pressure, Recession, Sell-off, Stalling, Stockpiling, UK
LA Times (November 20)
“It looks as if the years-long stock market party might just be over.” The “recent plunge in share prices of U.S. technology giants spread like a software virus through the entire market Tuesday, triggering a broad sell-off that wiped out this year’s gains for the major indexes after they all hit record highs in recent months.”
Tags: Gains, Plunge, Sell-off, Share prices, Stock market, Technology giants, U.S.
Financial Times (June 5)
“A clear lesson from last week’s sharp sell-off in Italian bond markets: the ‘doom loop’ that creates a direct link between eurozone countries and their banking systems is still a powerful force.”
Bloomberg (March 26)
“Tokyo bulls can’t buy a break. Just as the economy shows signs of life, they’re ensnared in a global equity meltdown that on Friday alone lopped $200 billion from the price of shares.” The threat of a trade war, a sell off by foreign investors and the surging yen are “all starting to dent sentiment for Japan, where bears had previously been hard to find.”
Tags: Bears, Bulls, Economy, Foreign investors, Global equity, Japan, Meltdown, Sell-off, Sentiment, Shares, Surging yen, Tokyo, Trade war
The Economist (February 10)
“America’s extraordinary economic gamble” is off to a rough start. “Fiscal policy is adding to demand even as the economy is running hot” and, seemingly as a result, volatility is back in a big way. “A long spell of calm, in which America’s stockmarket rose steadily without a big sell-off, ended abruptly this week.”
Tags: Calm, Demand, Economic gamble, Economy, Fiscal policy, Hot, Sell-off, Stockmarket, U.S., Volatility
Financial Times (December 10, 2013)
“South Korea was one of the only winners in the summer’s emerging market sell-off, sparked by fears about the outlook for US monetary policy.” In search of a safe haven, foreign buyers poured into South Korea, but now they are pouring out in favor of more promising markets. “Caught between Japan’s fresh Abenomics-fuelled rally and reform-gripped China, South Korea looks in need of a new narrative.”South Korea, Emerging markets, Sell-off, Outlook, U.S., Monetary policy, Safe haven, Foreign buyers, Abenomics, Rally, Reform, China, South Korea
Tags: Abenomics, China, Emerging markets, Foreign buyers, Monetary policy, Outlook, Rally, Reform, Safe haven, Sell-off, South Korea, U.S.
