Emerging Money Daily Audio Call July 21 - A transitional rotation into equities continues to unfold as risk free rate move sideways and earnings yields improve.
Equities however, head into next week near all time highs with complacency also running on a relative basis near all time highs.
The...
Emerging Money Daily Audio Call July 19 - While global markets move higher, the ECB and BOJ are lurking once again to upset the apple cart.
Today we preview the ECB meeting and ponder the tactical trading approach for markets both before and after the event.
Emerging market equities continue to...
Emerging Money Daily Audio Call July 18 - It's all about the dollar, stupid. The US greenback nearing 52 week lows and is close to a 50% retracement of the rally from three years ago.
While many were quick to point out the damage a stronger dollar would cause along the road, few correctly...
Emerging Money Daily Audio Call July 14 - On today's call we recap the week that has us reflecting upon the last month of "two steps forward" (towards rate normalization), and one step backwards this week.
All of this equals big gains for equities which still hold the upper hand over bonds....
Emerging Money Daily Audio Call July 13 - More benign inflation chatter from the Fed gives interest-rate sensitives an opportunity to continue their rally(as well as the market).
Even Financial's regain their into tomorrow's numbers and while you have read enough Bank earnings previews, you...
Emerging Money Daily Audio Call July 12 - Central banks taketh away and they giveth.
Janet Yellen lights a fire under markets today echoing what was whispered yesterday by Lael Brainerd. The Fed is going to be cautious on their next rate hike. Emerging markets love that story as do...
Emerging Money Daily Audio Call July 11 - On today's call we look at bank earnings later in the week and give our thesis for continued outperformance for financials, despite expecting some weakness however on the actual release.
Emerging market stocks are recovering and appear to have held...
Emerging Money Daily Audio Call July 10 - We start the week with some relief on interest rates around the world but this may not be the pause that refreshes just yet, as we think investors still need to gauge the impact of less central bank love.
Having said all that, historically still low...
Emerging Money Daily Audio Call July 7 - June payrolls in the US rose more than expected and despite the absence of wage pressure the Fed is still very much on the front foot.
Amazingly, the Bank of Japan was buying the long end of the curve in Japan this morning, and whie this may work in the...