Market Sentiment & Lateral Thoughts
Market meltup was the buzz word of asset managers until recent days.
This is hardly surprising considering that shares on Wall Street and especially, Germany, France, Italy and even Greece surged in the second half of the year. The big
THE cost of bank misdeeds and poor conduct has multiplied to levels comparable to gross domestic products of Singapore, Greece and several other nations.
Between 2008 and the end of 2012 ten leading banks had to pay £148 billion ($243 … Read the rest
Attention is focused on gold, but a much steeper price slide in industrial commodities will benefit importing nations and hurt producing nations.
As can be seen from the table, prices of copper, aluminium, nickel, lead and zinc have crumbled … Read the rest
THE membranes of global government, corporate, junk and emerging market bond bubbles are now dangerously thin.
The common view is that bond yields have risen because of expectations that the Fed will “taper” and reduce $85 billion of monthly asset