Freedom of expression is a wonderful thing. I felt that when I founded Exante Data in 2016, after working for years under the strict compliance regime of the sell-side. It was a great feeling to have a space to express a view freely and without restrictions. But not all restrictions…
Mexico, Thailand, and Other Countries Have Been Hit Hard by Covid-19. How to Invest in Their Recovery. Once the head of fixed-income research at Nomura, where he was also a top currency strategist, Jens Nordvig, 46, left the Japanese bank to found Exante Data in 2016. As its name suggests,…
US equity indexes were up on the week: DJIA +1.0%. S&P 500 +1.7%, NASDAQ +2.1%. On Wednesday, the UK became the first Western country to approve a Covid-19 vaccine when its regulator cleared the Pfizer/BioNTech vaccine. Pfizer put out a press release titled: “Pfizer and BioNTech Achieve First Authorization in the World for a…
US equity indexes were up for this holiday-shortened week: DJIA +2.2%. The Dow broke above 30,000 for the first time. S&P 500 +2.3 %, NASDAQ +3.0%. On Monday, AstraZeneca and University of Oxford released the results of their vaccine trial reporting, “One dosing regimen (n=2,741) showed vaccine efficacy of…
This week brought more positive news on the vaccine front. On Monday, Moderna announced that its Phase 3 study of mRNA-1273, its vaccine candidate against COVID-19, “has met the statistical criteria pre-specified in the study protocol for efficacy, with a vaccine efficacy of 94.5%.” On Friday, Pfizer and BioNTech applied…
On Monday, Pfizer and BioNtech announced that their “vaccine candidate was found to be more than 90% effective in preventing COVID-19 in participants without evidence of prior SARS-CoV-2 infection in the first interim efficacy analysis.” In this interview, Axios speaks with Pfizer CEO Albert Bourla about vaccine data, distribution, politics, and how he…
Senior Advisor Brad Setser has joined a Biden-Harris agency review team. Setser is a member of the Office of the United States Trade Representative team. This team will also review the US International Trade Commission and the US Trade and Development Agency. As such, Brad will be on leave from…
US equity indexes rose strongly this week: DJIA +6.9%, S&P 500 +7.3%, and NASDAQ +9.0%. At the time of writing on Saturday, major news networks are calling the US Presidential Election for VP Biden. However, during the past week post- US Election Day and while markets were open, the US Presidential…
US equity indexes were down on the week: DJIA -6.5%, S&P 500 -5.6% and NASDAQ -5.5%. The losses were driven by US election uncertainty, rising COVID-19 cases in the US and Europe and the new lockdown measures being taken there to try to control the virus’s spread. The US has…
US equity indexes were lower on the week: DJIA -0.95%, S&P 500 -0.5% and NASDAQ -1.1%. US equity indexes struggled to find direction and seemed to be in a holding pattern with US fiscal stimulus negotiations still ongoing and coronavirus cases rising both in Europe and the US. Unfortunately, today the…
