To the day, it is ten years since the bottom of the bear market and what an extraordinary bull market it has been. Since Wall Street, by and large, sets the tone for the rest of the world, it’s market … Read the rest
Central Banks’ easy money bolster markets & debt soars- BIS
Global markets, albeit jittery, have recovered sharply this year as investors and traders believe that monetary ease will continue.
“The very gradual monetary tightening process is on pause and has become less predictable,” says Claudio Borio, Head of the Bank … Read the rest
Good chance MPs will vote for May’s Brexit deal
Latest political developments raise chances that Brexit zealots will back Theresa May’s Brexit deal. UK MPs must either accept likely adjustments to May’s withdrawal deal or vote for a Brexit delay.
This choice raises the chances of a victory for … Read the rest
Be wary of Asian & Emerging Markets rally
GLOBAL investors seeking value have been switching money into Asian and emerging markets. But following steep rallies from the depressed levels in December, several analysts are cautioning that markets are overbought.
“The rotation from developed markets equity funds to emerging … Read the rest