As more than 15% of the global government debt market enters negative yield territory we are truly living in extraordinary times. The corollary of those conditions is that the market is in effect pricing in no inflation. Oh really?
February 26th, 2015 by Gary
Lots to read on Greece, oil, corporate earnings and Apple but the critical driver of equities markets remains interest rates. Amid multiple headlines of central bank QE, rate cuts and record low yields you might want to watch this…..
February 11th, 2015 by Gary
Wowzers! Apple smashed lots of records last night and investors are using the latest data to assess the “value” they missed in the franchise before the results. Early indications suggest Apple’s market value will rise by $50 billion today….
January 28th, 2015 by Gary
It’s deja-vu all over again as Yogi Berra would say….but if you’re a CFO of Austrian bank Raiffeisen International you’d say “Despite ongoing speculation, I want to reassure the market that no capital increase is planned”….
January 27th, 2015 by Gary
Whoosh, the euro is rapidly heading towards 1.10 against the USD. But where could it ultimately go? Here’s a few charts….
January 23rd, 2015 by Gary