Fixed Income Looking at the benchmark US 10-year Treasury bond, the yield has traded in a broad range of 2.50-3.00% since the start of the […]

Fixed Income A lot of attention right now is on the shape of the US Treasury yield curve. Short rates have risen sharply this year […]

Equities We are witnessing a very different financial market environment so far in 2018 compared to the steady and strong rise in global equity markets […]

US Stocks Have Led Global Equities Lower Behind the recent market pullback were 2 imbalances: investors’ seeming disregard for rising bond yields, and stock valuations […]

Equities  US equities had a very strong 2017 (up circa 25%) and led all global equity markets higher accordingly. This ‘bull run’ continued in the […]

Equities US equities are supported by: a weak dollar (supporting multinational exports – see below)     a deregulation of industry under President Donald Trump making […]

  US Equities: The Dow Jones Industrial Index broke above 24,000 for the first time as global equities enjoyed a 13th straight month of gains. […]

The world’s economies and stock markets are strong right now. Let’s start with the US. Lots of reasons for American stock markets to keep hitting […]

An end to the crisis-era Quantitative Easing and gradual interest rate rises loom across the globe US The US Federal Reserve will throw its 2008 […]

US The two big questions facing traders are the path of US interest rates and the pace of ‘Fed’ balance sheet reduction. US Central Bank […]