Week In Review: On the Up and Up US equity indexes were down on the week: DJIA -1.1%, S&P 500 -1.4%, NASDAQ -2.3%. Wednesday had the largest drawn down in the indexes. See here for equity drawdowns in context looking at two-week periods since January 2018. For the Nasdaq it was a big, unusually…
Head of Asia Pacific, Grant Wilson, was on Ausbiz talking Australia investment in China. Australian investors embedded a China sovereign risk premium as Australia investment in China fell by 25% last year – an unprecedented amount. In addition, Grant discusses the Port of Darwin issue.
Week In Review: Reverse Cliff-Effect US equity indexes were mixed on the week: DJIA 2.7%, S&P 500 1.2%, NASDAQ -1.5% as value stocks outperformed growth/technology stocks. As vaccination rates increase and economies re-open, we are tracking tourism closely at Exante Data. Here, we look at Mexico, which is seeing an encouraging trend…
Week In Review: Big Bets US equity indexes were slightly lower on the week: DJIA -0.5%, S&P 500 0.0%, NASDAQ -0.4%. However, the S&P 500 and NASDAQ reached new highs prior to giving up their gains on Friday. US economic data were strong – personal income in March surged 21.1% at a monthly rate…
Week In Review: Catching Up US equity indexes were slightly lower on the week: DJIA -0.5%, S&P 500 -0.1%, NASDAQ -0.3%. US equity indexes were slightly off on the week, rattled by President Biden’s proposal to hike the capital gains tax rate. US equities have enjoyed a stellar run since…
Week In Review: The Dropouts US equity indexes were higher the week: DJIA +1.2%, S&P 500 +1.5%, NASDAQ +1.1%. Some better than expected economic data propelled US indexes higher this week. The DJIA surpassed 34,000 for the first time. Turning to flows, Japan investors increased their foreign debt purchases. The…
Founder Jens Nordvig joined Raoul Pal and Real Vison for a deep dive into the global macro outlook. They talked: – COVID end-game – Fiscal policy trends and bond market dynamics – New US policy initiatives (tax coordination etc) – Potential for ‘New Bretton Woods’ for FX – FX views…
Week In Review: Party Up? US equity indexes were higher the week: DJIA +2.0%, S&P 500 +2.7%, NASDAQ +2.6% as the US re-opening/economic recovery theme is front and center. As vaccinations and re-openings also are progressing in many developed markets, market attention is turning to global tourism, the resumption of which is…
Week In Review: A Race to the Finish Line US equity indexes were mixed on the week: DJIA +1.4%, S&P 500 +1.6%, NASDAQ -0.6%. On Friday, the S&P 500 had a late-trading session rally that pushed it to a new high. Looking back, March 23 was the one year anniversary…
Week In Review: Deja Vu? US equity indexes were lower on the week: DJIA -0.5%, S&P 500 -0.8%, NASDAQ -0.8%. Senior Advisor, Chris Marsh’s, notes on the Federal Reserve: “The decision on the margins of the FOMC meeting last week to instruct the FRBNY to increase counterparty limits on ON RRP from…
