Business Insider (March 31)
Japan’s “stock market is ripping; the Nikkei recently exceeded the all-time highs it set 34 years ago. Analysts at Goldman Sachs are telling clients there’s still more upside to be had as corporate-governance reforms and a new era of sustainable inflation take hold. The Bank of Japan this month hiked interest rates above zero for the first time since 2007, a sign of confidence in the country’s recovery.”
Tags: Analysts, BOJ, Clients, Confidence, Corporate governance, Goldman Sachs, Highs, Inflation, Interest rates, Japan, Nikkei, Reforms, Ripping, Stock market, Upside
Reuters (May 6)
The SEC and its Chair Gary Gensler have refused to “make clear how existing securities laws apply to digital assets.” From their perspective, “there’s little upside in breaking the silence.” If they state digital assets are securities, “Gensler would have to show his reasoning, opening the SEC up to more costly legal battles that it could lose.” By refusing to rule make, “the agency can keep firing off enforcement actions.”
Tags: Costly, Digital assets, Eforcement actions, Gensler, Laws, Legal battles, Reasoning, Refusing, Rule make, SEC, Securities, Silence, Upside
Barron’s (July 8)
“Worried that the stock market has gotten ahead of itself? You’re not the only one. Morgan Stanley strategist Andrew Sheets doesn’t see much upside in stocks these days, resulting in his decision to cut the firm’s allocation on global equities to underweight from equal-weight.”
Tags: Allocation, Equities, Morgan Stanley, Sheets, Stock market, Strategist, Underweight, Upside
Los Angeles Times (April 13)
“The upside of the Heartbleed bug is that it reminds the world of the need not just for coders to plug the security holes in their software but for websites and services to stay on top of the changes.”
Tags: Bug, Coders, Heartbleed, Security holes, Services, Software, Upside, Websites
Euromoney (February Issue)
In Mexico, “cheaper electricity will lower manufacturing costs across the board, and the country could become a competitor in energy-intensive industries such as aluminum and steel production.” President Enrique Peña Nieto introduced sweeping reforms to liberalize the electricity and oil and gas sectors, prompting analysts to add “an extra 1.5% to future GDP growth rates as a direct consequence of the scope of these reforms and many say the risks are on the upside. Suppliers, contractors and a whole host of other industries will benefit.”
Tags: Aluminum, Analysts, Competitor, Contractors, Costs, Electricity, Enrique Peña Nieto, Gas, GDP, Manufacturing, Mexico, Oil, Reforms, Risks, Steel, Suppliers, Upside
Financial Times (December 31, 2014)
“Japan is no longer a backwater for investors…. The authorities are saying the right things and doing most of them.” Japan outperformed in 2013 and despite concerns over the consumption tax increase in 2014, Japan’s prospects remain robust. “With a wide range of one-off stimulus measures in force to counter a shock that may not come, we think growth could surprise significantly to the upside.”
