Weekly Market Update
Market Action This week saw only marginal global equity gains as there were mixed third-quarter earnings results and rather dull Brexit news. As measured by the Chicago Board Options Exchange Volatility Index (VIX), Volatility was down by 7% compared to last week. On...Shifting Risks and Unintended Consequences for Portfolios: We Live in a Zero-Sum World
We are now under the auspices of a zero-sum game world due to negligible productivity growth rate. Such a shift can be seen as a symptom of trade wars. We believe that the underlying cause can be found in financial manipulations engineered more than twenty years ago....Weekly Market Update
Market Action Global equity markets boosted slightly after a strong start to the third-quarter earnings season which has been offset somewhat by slow developments in global trade talks and Brexit dealings. The Chicago Board Options Exchange Volatility Index (VIX)...Deteriorating Economic Sentiment: Down the Path of Guicciardini’s Maxims
Yesterday the IMF downgraded its projections for economic growth. In its announcement it warned that such action is the result of self-inflicted wounds created by a “precarious” trade war. At a time when central banks are trying to be inventive again via monetary...Weekly Market Update
Market Action Global equity markets were buoyed late in the week by hopes for a truce in the US–China trade war and optimism that a Brexit deal might be reached by the end of the month. The yield on the 10-year US Treasury note rose 19 basis points higher than a week...Sign Up for Our Publications
