A false dawn for China?
Market snapshot
Stock market looking to run the table
One mystery that the Bears forever struggle with is how stock markets are fuelled by the Wall of Worry. Try as we all might to find problems that the market doesn’t already know about it, and hasn’t already reflected in valuations, time after time the markets rally into those very concerns. Everyone is analysing the […]
Can Beijing do enough to maintain the rally?
Fast reading At the most recent Politburo meeting, President Xi Jinping outlined a far-reaching commitment to enact measures that protect the economy, property and equity markets from further deterioration – it was a clear ‘whatever it takes’ statement. Officials have launched a series of fiscal and monetary stimulus measures, but investor enthusiasm has been tempered […]
Investors vote with their feet
Video transcript Presidential election years tend to be very volatile and choppy in the latter stages going into the election. There were two indicators that we’re watching closely. The first is the economy itself. If the economy historically is growing strongly into the election, the incumbent party retains the White House 100% of the time. […]
UK inflation drop opens door to further cuts
market snapshot
All eyes on earnings
market snapshot
Has the inflationary dragon really been slain?
market snapshot
Sky high
The Chicken Little1 predictions that the US Federal Reserve easing cycle would lead to an exodus of assets from liquidity products have been proven wrong. Money market funds across the industry alone have experienced inflows of around US$150bn since the Fed cut rates by 50bps in mid-September to a range of 4.75-5%. It’s another case […]
The China catalyst
Market snapshot
A falling rate environment
Video transcript In a falling rate interest environment, it’s actually on a flow basis, from an assets under management standpoint, a positive situation in the marketplace for money market funds. Despite what has been thought of from a media perspective as being a wall of cash that will start to exit money market funds in […]
