by Gregory

The week started pretty well for the stock markets as the Micro economy brought some positive news on Monday with Alcoa and particularly Intel which achieved the best quarter in the company’s 42-year history. Intel painted an upbeat picture of the global economy, saying “the economies of the world continue to reflect renewed economic momentum.” [...]

by James

Dubai fears receded in what proved an interesting week for investors. Macro data, which is known to cause short-term movements and occasionally to affect long-term prices too, came out curiously mixed. Overall, markets reacted positively, with equities climbing determinedly (S&P 500 +1.3%, MSCI EM +4.5%), and more broadly the bull trend looks to have survived [...]

by Markus

by James

Will it ever end? It is hard to say when buying took over from short-covering as a key driver pushing equities up. There are some “fundamentals” in the form of decreased probability of banks being nationalised. But the recent move hardly represents an economic recovery, rather a combination of risk closure and market-chasing. Those who [...]

by James

This is our ninth Outlook & Review of the year, and the seventh time this year that we have reported a week of falling equities. To be frank, the misery is getting infectious and it is becoming hard not to sound monotonous. Last week the S&P 500 lost 7.0%. But, let’s start the week on [...]

by James

The FT headline sums it up quite well: “US sell-off marks worst January on record.” When will it all stop? Many hoped for a counter rally as capital was reallocated and Obama took power in early 2009. For the first month at least, that has not happened, and equities have continued to suffer. Risk aversion [...]

by James

Financial markets remain highly volatile, and fraught with fascinating events. Equities corrected heavily last week, as volumes increased on the back of investors returning from their vacations.  > Negative jobs data set a bearish mood toward the end of the week, several negative revisions and worse than expected non-farm payrolls pushed the unemployment rate to [...]

by James

The last week of August remained relatively calm, with low volumes. To be certain, there were shadows of concern, but for the most part, the market managed to avoid overreacting to them. The S&P 500 closed down less than 0.7%, oil rose by the 0.7% and the dollar weakened by 1.1%.   With the essentially [...]