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...
Weekly Market Update
Market Action Global equities rose this week amid optimism over progress on US-China trade and on hopes that global growth may be stabilizing. The US 10-year Treasury note declined to 2.58% from 2.63% last week while the price of West Texas Intermediate crude oil rose...
Anti-Epics, Brexit, and Market Outcomes: A Mark of an Epic Misconception and Mismanagement
Homer is the classical epic. Virgil is the epic of Rome. Sirat Bani Hilal is the Arabian epic. Dante is the epic of Christendom. Milton is the epic of the Renaissance. Luther is the epic of the Reformation. Robespierre is the epic of Terror. David Cameron and Theresa...
Weekly Market Update
Market Action Equities declined last week amid reports signifying economies weakening globally. The US 10-year Treasury note declined to 2.62% from 2.76% last week while the price of West Texas Intermediate crude oil declined slightly to $55.26 a barrel. Volatility,...
Emerging Markets Developments and the Growth Trajectory
Just a couple of days ago, the Chinese authorities announced that growth this year is expected to range between 6-6.5%. A number of publications pointed out that this is the slowest growth rate in a couple of decades, but our opinion is that it is pretty healthy under...
Weekly Market Update
Market Action Global equities rose modestly this week on optimism over progress in US-China trade talks. The yield on the 10-year US Treasury note rose 11 basis points to 2.76% while the price of a barrel of West Texas Intermediate crude oil declined 2.6% to $57.77....
Crossroads: At the Intersection of Geopolitics and Geoeconomics
Here are some critical issues to watch around the globe over the coming month: North America The summit between US President Donald Trump and the leader of North Korea was abruptly called off without signing an agreement. The Trump Administration has said that...
Weekly Market Update
Market Action Most global equity benchmarks closed modestly firmer on the week, while Asian equity benchmarks experienced a significant increase of several percentage points on the week. The yield on the US 10-year Treasury note was unchanged versus a week ago at...
Projected Q1 Earnings Contraction: Valuations, Momentum, and Resistance Levels
Confused perspectives in the last quarter of 2018 created havoc in markets. However, since the beginning of this year the pause in interest rates hiking along with reduced tensions in the trade warfare have eased pressures and are creating an upswing wave and a new...
Weekly Market Update
Market Action Global equities rose on the week, boosted by progress toward a trade agreement between the United States and China. The yield on the US 10-year Treasury note rose 2 basis points to 2.66% compared with last Friday, while the price of a barrel of WTI Crude...
