By: Laura Hochstetler | On: August 6, 2017 |
Market Action The Dow Jones Industrial Average ended the week at a fresh record, buoyed by a jobs report that showed employers continued hiring at a healthy rate in July. […]
By: Thierry Malleret | On: July 31, 2017 |
July 2017 The world’s main economies are still growing in sync, but at a slower pace. Next year, the slowdown will be greater than expected in the US (because […]
By: Joel Charalambakis | On: July 29, 2017 |
Market Action Spanish GDP accelerated at its fastest rate in two years during the past quarter. Spain’s economy grew over 3% over the past year according to recent data released. […]
By: John E. Charalambakis | On: July 27, 2017 |
In the last few commentaries we have noted that while equity markets may be stretched, there might still be room to grow given the current macro-circumstances, corporate earnings, and business […]
By: Joel Charalambakis | On: July 23, 2017 |
Market Action China’s economy accelerated its growth rate in Q2 to 6.9%, with consumer spending, factory output and investment all posting strong figures. Retail sales were also at their strongest […]
By: John E. Charalambakis | On: July 20, 2017 |
As many analysts have pointed out lately, the equity markets at the current levels are stretched, but probably not over-stretched. Global equity correlations have been falling this year (from their […]
By: Joel Charalambakis | On: July 15, 2017 |
Market Action The Bank of Canada raised interest rates for the first time since 2010 this week from 0.5% to 0.75%. The tighter policy comes amidst upward revisions to forecasts […]
By: John E. Charalambakis | On: July 13, 2017 |
There is almost no doubt that the extraordinary measures taken by the central banks around the world over the last several years uplifted equities, lowered cost of capital, increased corporate […]
By: Joel Charalambakis | On: July 9, 2017 |
Market Action The U.S. economy added 222,000 in the month of June according to Friday’s employment report, which included an upward revision of to May’s report as well. While the […]
By: John E. Charalambakis | On: July 6, 2017 |
According to most valuation metrics, European stocks trade at a discount relative to those in the US. Consequently, fund managers are on a shopping spree for EU-based equities. As a […]
By: John E. Charalambakis | On: August 3, 2017 |
Market Signals, the Economic Cycle, and Enthymemes: Which Sectors Could Benefit?
We have written before that the financial stress index produced by the St. Louis Fed is a very reliable indicator regarding potential dark clouds in the economic and financial horizons. […]