Bloomberg (April 6)
“Chinese bonds may be reaching an historic turning point, with yields climbing from record low levels as deflationary pressures ease and expectations for monetary loosening recede…. Sentiment in the largest emerging debt market has shifted after a slew of upbeat data, from a surprise growth rebound to slower factory-gate price declines, cast fresh doubts on the deflation-driven narrative that has dominated trading in recent years.”
Tags: Bonds, China, Deflationary pressures, Emerging debt market, Expectations, Growth, Historic, Monetary loosening, Rebound, Record low, Sentiment, Turning-point, Upbeat, Yields
MarketWatch (May 22)
“A soaring 30-year Treasury yield has grabbed the lion’s share of attention lately when it comes to signaling how the U.S. fiscal outlook is rattling investors.” What’s happening in Japan, as bond yields surge, is a “less-talked-about factor weighing on sentiment.” Yields on 30-year JGBs rose “to almost 3.17% on Thursday, the highest in roughly 25 years of record-keeping” while 40-year yields “jumped to 3.67%, the highest level since its inception in 2007.” The “sharply higher yields on Japanese government bonds” may already be enticing “the country’s investors to return home.” It is likely that “the recent selloff in the Japanese bond market may have played at least some role in the Treasury market’s own selloff of the longest-dated government maturity Thursday morning.”
Tags: 3.67%, 30-year, 40 year, Bond yields, Enticing, Fiscal outlook, Investors, JGBs, Rattling, Sentiment, Soaring, Surge, Treasury, U.S.
Barron’s (March 6)
“The Nasdaq Composite closed in correction territory as Wall Street sold pretty much everything in response to the Trump administration’s latest tariff rhetoric.” Both the S&P 500 and the Dow also dropped amid a tariff saga that has left investors shaking. “The uncertainty surrounding Trump’s tariff plans have caused headaches for market participants. There are also fears among some economists that policy uncertainty will send sentiment falling further until it triggers a recession.”
Tags: Correction territory, Dow, Economists, Fears, Headaches, Investors, Market participants, Nasdaq, Recession, S&P 500, Sentiment, Sold, Tariff, Trump, Uncertainty, Wall Street
MarketWatch (February 18)
In the U.S., “home-builder confidence plunged to the lowest level in five months as concerns over tariffs and how they could raise the cost of housing weighed on the industry.” According to the National Association of Home Builders, its “monthly confidence index fell five points to 42 in February…. a significant change in sentiment among home builders” who are increasingly being spooked by Trump’s tariffs and rising material costs. “For buyers, the sentiment shift only adds to the likelihood that home prices could go up in an already expensive housing market.”
Tags: Buyers, Confidence, Confidence index, Home builders, Housing market, Material costs, Plunged, Sentiment, Spooked, Tariffs, Trump, U.S.
Bloomberg (October 28)
“Political uncertainty will likely weigh on sentiment for investors in Japanese assets after the ruling coalition led by the Liberal Democratic Party failed to win a majority in parliament for the first time since 2009.” Though this uncertainty was not priced in, there may still be buying on dips, and “global investors are still pinning hopes on Japan’s improving corporate governance as a factor to buy equities.”
Tags: Assets, Coalition, Corporate governance, Dips, Failed, Investors, Japan, LDP, Majority, Parliament, Political uncertainty, Sentiment
New York Times (September 16)
“The issue that still dominates the presidential contest is the economy, which is driving a lot of the discourse.” It appears that “Kamala Harris may be gaining ground on the economy” while other signs suggest a change in outlook. The most recent University of Michigan sentiment survey shows “U.S. consumers increasingly feel better about prices and other economic matters.”
Tags: Discourse, Dominates, Economy, Harris, Outlook, Presidential contest, Prices, Sentiment, Survey, U.S. consumers, University of Michigan
Barron’s (January 24)
“The continued slide in Chinese stocks toward lows set more than a decade ago may be mobilizing Beijing’s policymakers into action. But it isn’t clear if it will be enough to help the country’s embattled economy or improve sentiment in a meaningful way.”
Tags: Action, Beijing, China, Clear, Economy, Embattled, Lows, Meaningful, Mobilizing, Policymakers, Sentiment, Slide, Stocks
Bloomberg (October 27)
“The VIX is at 20, stocks are on the brink of their worst October in five years, and every other day the bond market throws a fit. For equity bulls conditioned to dive in at any sign of weakness, it’s getting to be too much. Across investor categories, they’re pulling money out” and moving to a defensive posture.” But “from a contrarian standpoint, all the gloom is a positive, suggesting latent buying power should sentiment ever flip.”
Tags: Bond market, Buying power, Contrarian, Defensive posture, Equity bulls, Fit, Gloom, Investor, Latent, October, Positive, Sentiment, VIX, Weakness, Worst
Investment Week (October 12)
Aside from shipping difficulties and “maritime headwinds” hitting China, “the property crisis, fuelled by debt defaults from property developers, has dented the likelihood of Chinese GDP hitting growth targets as local authority revenue takes a hit from land sale income decline. Sentiment has followed suit and many wonder when and where respite will arise.”
Tags: China, Debt defaults, Decline, GDP, Growth targets, Headwinds, Income, Land sale, Maritime, Property crisis, Property developers, Revenue, Sentiment, Shipping
Washington Post (May 8)
“Why are Americans so gloomy about the economy? Jobs are plentiful and unemployment is back at pre-pandemic lows, yet sentiment is in the dumps.” Inflation is “the obvious answer,” but “a deeper force” better explains “why Americans are so upset: scarcity.” Inventories of homes and cars are at record lows while stockouts at supermarkets are double or triple standard levels. “There is good economic news, but until Americans can easily get ahold of what they want, too many will still feel like they’re not able to get ahead.”
Tags: Cars, Economy, Gloomy, Homes, Inflation, Inventories, Jobs, Obvious, Plentiful, Pre-pandemic, Scarcity, Sentiment, Stockouts, U.S., Unemployment
