Weekly Market Update
Market Action World shares steadied on Friday after selling in the tech sector triggered their biggest fall in over a month, while the yen slid to a two-week low as the Bank of Japan signaled its stimulus was staying in place. Oil prices dipped this week to six-month...
Bullish Bias and Asset Classes Breakout: Diminishing Safety Margins
Last Friday we observed a divergence among major indexes. The DJIA and the NASDAQ moved in significantly opposite directions. The main reason for the drop in the NASDAQ (which continued on Monday) was said to be the inability of the main tech-related shares to reflect...
Weekly Market Update
Market Actions The British pound plunged to a seven-week low on Friday after Thursday's snap election that cost Prime Minister Theresa May's Conservative Party its majority in Parliament. Global equity markets rallied at first on Friday then dropped as technology...
Disintegration in the Age of Discontent: Unraveling Realities and the Market
It seems that we are on the verge of a new reality that could resemble the developments of the early 1970s. The global rules and order that were established in July 1944 at the Bretton Woods Conference came apart between summer of 1971 (abandonment of the gold...
Weekly Market Update
Market Action The U.S. unemployment rate sank to its lowest level in 16 years after the May jobs report. The report says roughly 50,000 fewer jobs were created than the 185,000 anticipated but signs continue to point to a June rate increase from the Fed given overall...
Tending the Garden: Credit Risks in the Ocean called Debt
Moody’s downgrade of Chinese debt a few days ago was treated like a non-event. Chinese domestic bond prices did not change and Chinese equity prices actually rose. Is that a sign of complacency?Chinese corporate sector debt exceeds 165% of China’s GDP. Of course when...
Monthly Barometer’s Forward-Looking Monthly Review: An Interdisciplinary View of our Complex Global Economy
May 2017 The synchronized economic recovery continues to make headway, but the US and China, the engines that propel the global economy, are set to decelerate soon. We give below the reasons why Trump’s 3% GDP target is unrealistic and why US growth is likely...
Weekly Market Update
Market Action Moody’s lowered China’s credit rating by two notches this week citing surging liabilities and weakening financial strength within the country. The move marks the first rating downgrade of China in over 25 years and was greeted harshly by the country’s...
Financial Gravity and Paradigm Shifts: What Could Disrupt the Disruptors?
Over the course of the last year, investors poured billions of dollars into emerging markets, seeking higher yields and higher overall returns. Emerging markets have rewarded that trust, and as things are shaping up, it would not be surprising if emerging markets...
Weekly Market Update
Market Action The Euro hit its highest level in several months this week as the dollar fell for over five consecutive days. German elections that point to Merkel being reelected, Eurozone GDP growth, and other economic data points all contributed to the currency’s...
