The next battle in the ongoing trade war between China and the US could be over rare earth metals: 17 elements critical to US manufacturing that are under near monopolistic control by China.
(FORBES) Politics, Productivity & Population: Why The Chinese Economy Flew and India’s Just Grew
The two countries have roughly the same population, similar average unemployment rates and current GDP growth rates that are among the highest in the world. Yet China’s economy is almost five times larger than India’s. Click here to read the entire article on Forbes
(FORBES) Who Is Crazy Enough To Buy Bonds With Negative Yields? Hopefully Your Bond Manager
In a world with $7 trillion of government bonds that yield negative interest rates, one question still puzzles investors: who in their right mind is buying them? Why don’t investors buy higher-yielding US government bonds instead? The answer lies in the understanding of the mysterious “basis swap.” Please click here to read the entire article …
(FORBES) How To Invest Your $1.6 Billion Mega Millions Winnings
If you won the $1.6 billion Mega Millions lottery, how would you invest your instant wealth? Click here to read the entire article on Forbes
(BLOG) Global Equities Summary
Volatility in the equity market has picked up again. Here is a brief summary of some of the major developments. It includes chaerts and commnentary on the following: Investment Factor Returns Factor Volatility Minimum Volatility Factor Low Vol vs. Min Vol: Performance Low Vol vs. Min Vol: Allocations Sector Returns Sector Valuations Global Equities Performance Global …
(FORBES) Diverging Markets Send Ominous Signal About Health Of Global Economy
The performance of global financial markets is diverging. What does this tell us about the health of the global economy? Is the second longest economic expansion in the last 150 years about to come to an end? Click here to read the entire article on Forbes
(BLOG) Macro Charts of the Week- Sept. 11, 2018
1. Italian BTPs BTPs gained on the back of comments made by Finance Minister Giovanni Tria. He pledged fiscal prudence with respect to the Italian budget. Lower BTP yields, especially in the front end of the yield curve, take the stress of the banking community and European financial markets in general. 2. Crypto Meltdown The year-to-date change in …
(BLOG) Morning Brief- Thursday, Sept 6th
1. EM FX The weakness in EM seems to be moving from idiosyncratic situations to contagion. The huge currency losses in some EM markets are not without historical precedent. Losses in 2008 and 2015 exceeded 15%. Bottom line: it feels bad, but it could easily get worse. Why it Matters Emerging markets had another rough day …
(FORBES) Iran: Stuck Between A Political Rock And An Economic Hard Place
Precarious. That is the best word to describe the current situation in Iran. The intersection of geopolitics, economics and internal politics is forcing painful change. How did Iran get to this point and where is it headed? Click here to read the entire post on Forbes
(BLOG) Morning Brief- Thursday, Aug 30
Comments on inflation in Iran, commodity futures roll yields, short-term real rates and local currency EM bonds.
