Usual Suspects and Unusual Narratives: Markets Search for Direction but Natura No Facit Saltus
Should we always buy the dip? The strategy has worked over a number of years. Is this time different? The blame over the recent market turmoil has identified some usual suspects: those who shorted volatility got burned; those who used too much leverage got burned;...Weekly Market Update
Market Action Stocks globally were down sharply for the second week in a row, and stock market volatility has returned with large daily market swings; this week the CBOE Volatility Index (the VIX) reached its highest level since China’s currency crisis in 2015. The...Market Turmoil, Portfolios and Commodities: Time to Diversify, Part I
As a starting point allow me please to summarize what we communicated to our clients during the recent market turmoil. First, let’s review what we perceive are the main causes of the turmoil which may continue in the near future: The bond market is experiencing losses...Weekly Market Update
Market Action Stocks recorded their first weekly loss of 2018. The S&P 500 Index suffered its worst weekly drop in two years. Rising yields and inflationary fears are cited as main culprits; however, valuation and political fears should not be discounted as...Tech Earnings, Gold Performance, and Bond Jitters: The Dollar Link
It seems that we may be in for another tech-earnings party today. As these lines are being drafted, Microsoft and Facebook are expected to report rising profits and anticipation is lifted higher and higher as Google, Apple, and Amazon will be announcing results today...Sign Up for Our Publications
