Monthly Archives: August 2013

fear bonds

Bonds: Fear and growth in context….

Just reading another $11 billion of fund outflows from bond products in the last week according to data provider ICI. That’s outflows for 12 of the last 13 weeks and the financial media has whipped up fears of a rout.

August 29th, 2013 by

Debt

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vodafone cheer

Vodafone looking good, the future not so good….

Whoop whoop. A potential mega deal between Vodafone and Verizon raises its head again. Headlines trumpet a $130 billion price tag and we’ll stick to the take the money and run view. Why?

August 29th, 2013 by

Style & Sector Trends

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child soldiers

What would Martin Luther King say today?

“I say to you today, my friends, though, even though we face the difficulties of today and tomorrow, I still have a dream.” – Martin Luther King – August 27th 1963. Fifty years later what would Dr. King say today?  

August 29th, 2013 by

Editorial

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Shanghai meets DAX

Would you be surprised if the Shanghai Index was beating the DAX?

The drum beat of recent mainstream financial headlines would lead you to believe that emerging markets were being crushed and that there was a move by fund managers to shift monies out of the US into Europe.

August 28th, 2013 by

Style & Sector Trends

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japan macro risk

Japan, not Syria, is still the number one macro risk!

We are concerned. The Fukushima farce continues with another TEPCO confession of misinformation today as the Nikkei revisits 2 month lows. But there’s more….

August 28th, 2013 by

Debt

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whisky fatigue

Consumer Staples: High quality growth fatigue?

Brown-Forman was recently described in a successful fund manager presentation as “one of the best examples of a resilient consumer product franchise”.

August 28th, 2013 by

Quality Franchises

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Brent crude worry

Energy sector: Brent crude oil price in forecasting context…

We already mentioned Societe Generale’s analysts suggesting Brent crude prices rising to between $125 and $150/barrel in the aftermath of a US-led Syrian surgical strike.

August 28th, 2013 by

Style & Sector Trends

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rupee millionaire

FX: Who wants to be a Rupee millionaire!

Wowzers! The run on the Indian Rupee is gathering speed and down another almost 4% versus the US dollar in today’s trading session. That’s a 30% dilution of purchasing power in less than 6 months and threatens domestic economic chaos.

August 28th, 2013 by

Style & Sector Trends

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yom kippur

Energy: Syria is a macro risk nightmare!

Geopolitical strategists must be in demand right now. No civil war is ever straight forward but Syria might be the most complex yet.

August 27th, 2013 by

Editorial

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house build

REITs could be the September Fed trade…..

Syria and emerging market currency turmoil continue to dominate financial headlines but WealthiFi was intrigued by a snippet emerging from the central banking jamboree at Jackson Hole.

August 27th, 2013 by

Editorial

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