I’ve said it before, and I’ll say it again, there is a distinct possibility that whatever is going on in China as it relates to their slowing economy is not nearly as bad as we generally …
Continue readingShanghai Composite
You can attribute the 6%, 5 day rally in the S&P 500 (SPX) to whatever you like. The negative sentiment might have gotten a tad off-sides leading up to the end of the quarter. But …
Continue readingIt’s difficult to assign exact blame for the volatility we’ve seen in U.S. stocks. There are several factors you’ll hear, most often the FOMC’s impending exit of ZIRP, falling commodity prices and the rise and …
Continue readingBulls and Bears, Bears and Bulls. I’ve always thought labeling people Bulls or Bears was misleading. It fails to capture any nuance or what inputs they’re considering in their investment process as well as failing …
Continue readingAs a part-time financial pundit, I have so much to say, and usually such little incentive to say it outside of the pages of RiskReversal and the TickerDistrict. For the most part, viewers of CNBC …
Continue readingPrior to crude oil’s double bottom low in Q1, there was a chorus of investor/strategists /analysts/pundits who suggested that low oil prices would be a boon for corporations as the result of lower input costs, …
Continue readingI am not sure I can leave this one alone. Investor sentiment regarding Macau Casinos, and the stocks that make up the Shanghai Composite have made for some fascinating comparisons. Both having to do with stereotypes surrounding …
Continue readingThree years ago today, when Europe was in the throes of a sovereign debt crisis, ECB head Mario Draghi pledged that he and his colleagues would do “whatever it takes to save the euro”. They …
Continue readingOn Sunday night, as Chinese equity markets were getting ready to open following the government’s unprecedented moves to stem declines, my focus was on where the Shanghai Composite needed to hold: Shanghai Comp’s 200 day …
Continue readingThe People’s Bank of China (PBOC) ain’t messing around. Overnight they cut short term interest rates for the third time since November as they battle an economic slowdown that threatens their 7% GDP “target”. This morning, …
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