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
While the Swiss Franc steroid infusion by its central bank will garner most headlines today it is likely investors in US banks will be nursing some wounds too. JP Morgan disappointed yesterday but there’s more pain today….
January 15th, 2015 by Gary
The fall-out from the oil shock drop has quickly attracted commentary as to potential contagion in the US debt markets and its approximate $200 billion of high yield bonds. But contagion does not respect country borders….
January 14th, 2015 by Gary