Warren Buffett popularized Ben Graham’s notion of “Margin of Safety” when evaluating the quality of an investment. The idea is that the future is unpredictable and we have to allow for the chance that our projections may be wrong, so we need a cushion in our analysis to protect us when things don’t go according to plan. …
Stress in Italy; a break out in 10-year yields; carnage in emerging markets. Lot’s happened this week in fixed-income. Read the post to get the details.
Unfortunately, many people ruin their chances to get hired at first contact by failing to execute a simple maneuver: the handshake. Click here to read the entire story on LinkedIn
This week’s edition has some interesting charts on investor sentiment, the reflation trade, the Iranian Rial weakness, higher EM bond yields, share buybacks and more.
The (temporary) breach of the 3% level in 10-year rates, corporate earnings, the weakness in emerging markets, the recent bounce in the USD and the potential easing of geopolitical tensions are all driving the news flow. Here are some observations from last week: There is usually a pretty tight correlation between interest rates and stocks …
A brief summary of developments in the global fixed income markets.
What happened to the synchronized global upswing? In just a few short (but memorable) months, it finally seemed possible that we could put an end to proclamations of the “new normal” and “secular stagnation“. 2018 was supposed to be the year of accelerating growth, but so far, in Chinese calendar terms, it looks more like …
A quick chart-tour highlighting important developments in financial markets
This weeks edition of Fixed Income Friday includes an update on funding spreads, the possible derailment of the global growth story, inflation and more.
Global markets were volatile again last week. Here are some of the major movers and indicators that investors should be watching. Click here to read the entire post on Forbes