Echoes from the Riviera of Purgatory: Investing for the Future
“China is in deep trouble”; “China is recovering” “All hell is breaking loose with the trade war”; “We are very close to a trade deal” “Brexit on March 29th”; “Brexit is postponed” “Modi’s chances of reelection have been reduced significantly”; “Modi is expected to...The Bond Market and Investors’ Assertiveness
On March 28, the 10-year Treasury’s yield dropped to 2.34% due to exaggerated fears of an imminent recession. The drop in rates in the first quarter of this year (see graph below) and the inversion of the yield curve has created opportunities in both equities and...Brexit and the Grim Picture Unfolding in the Midst of Rising Risks: The Berthe Morisot Dimension
This Friday, March 29th, was supposed to be the day of Brexit. The earliest possible date for Brexit has now been pushed back to April 12th. Over the course of the next few days as many as seven options may be put to test in the British Parliament, namely: – PM...Contemplating a Market Reversal: The Importance of Hedging
Just after the market closed on Tuesday, Federal Express issued an earnings warning. Specifically, it reported declining international revenue and blamed it on deteriorating macroeconomic conditions and weaker global trade prospects. If Micron Technology too misses...Sign Up for Our Publications
