WisdomTree Europe Hedged Equity Fund
US Tech Stocks Regain Position as ‘Most Crowded Trade’ in May
According to the latest Bank of America Merrill Lynch survey, US tech was the most crowded space, displacing short European equities (HEDJ).
Why Is Bank of America Bullish on Gold?
Bank of America is overweight on precious metals in 2019. One of the key arguments that Bank of America has is “de-dollarization.”
Dalio’s Bridgewater Warns about Peak Margins—Should You Care?
In a published report, the world’s largest hedge fund, Bridgewater Associates, warned about peak US (SPY) (DIA) profit margins.
Shorting European Equities Is Crowded—Could It Mean a Reversal?
According to the latest Bank of America Merrill Lynch survey, shorting European equities has been the most crowded trade for two months in a row.
BAML Survey: How Are Global Fund Managers Positioned?
BAML conducted a survey that polled 187 global investors with $547 billion in total assets under management between April 5 and April 11.
Strong Economy and a Rate Cut: Can Trump Have It Both Ways?
Today, President Donald Trump told reporters, “Our country’s doing unbelievably well economically.”
Another US Jobs Disappointment Could Fuel Slowdown Fears
In February’s job report, while job additions came in substantially weaker than the economists’ expectations of 180,000 at just 20,000, the wage growth and unemployment rate came in strong.
J.P. Morgan: Have the Markets Hit a Ceiling?
Dubravko Lakos-Bujas said that SPY’s valuations are “less compelling” than they were at the beginning of 2019.
Inversion of Yield Curve: Analysts Are Split on Recession Signals
After the yield curve inverted on March 22, market concerns about the global slowdown and a potential recession have multiplied.
Markets Look at US-China Trade Talks as Slowdown Concerns Multiply
Today, another round of trade talks started in Beijing.
US Housing Data Plunge in February: What’s Next?
US housing starts data came out yesterday. The housing numbers for February came in weaker than expected.
Could Gold Gain on Slowdown Concerns after a Soft Start to 2019?
Gold prices (GLD) started 2019 on a relatively soft note. After a dismal fourth quarter, the stock markets have recovered remarkably in 2019.
Morgan Stanley: ‘Get Defensive’ on Inverted Yield Curve
Morgan Stanley (MS) equity strategist Michael Wilson said that investors should “remain defensively positioned,” as last week’s yield curve inversion was bearish for stock markets (DIA) (IVV).
Markets Spooked as Yield Curve Inverts for First Time since 2007
The Treasury yield curve turned negative on March 22. The ten-year yield fell below the three-month yield for the first time since 2007.
Weak Eurozone PMI Data Rattle Markets, Gold Gains
On March 22, gold prices have been gaining due to safe-haven bids led by weaker-than-expected economic data from the Eurozone (HEDJ).
This Is Fund Managers’ Most Crowded Trade in March
As with the biggest tail risk, the latest Bank of America Merrill Lynch Survey resulted in a new “most crowded trade” response as well.
Gundlach: Global Economy Going from Growth to a Slowdown
In the first quarter of 2018, there was a narrative of synchronized global expansion. That narrative, however, has shifted.
Markets Tank as Weak Jobs Report Exacerbates Slowdown Concerns
The job additions in the US came to just 20,000 in February, which was much weaker than expected.
Why Ray Dalio Is Less Worried about a US Recession Now
Prominent investor Ray Dalio, the founder of Bridgewater Associates, has been worried about the prospects of a US recession.
Why Central Banks Aren’t Listening to Warren Buffett on Gold
According to the gold demand trend for Q4 2018 released by the World Gold Council, central banks are on the biggest gold (GLD) buying spree in the last 50 years.
Central Banks Purchased the Most Gold in 50 Years in 2018
According to the gold demand trend released by the World Gold Council on January 31, annual gold demand increased by 4% in 2018.
The Next Downturn Is Worrying Dalio
Dalio said that the rates are almost zero in Europe (HEDJ) and Japan, and in the US (SPY) (DIA) rates are near 300 basis points, so the overall ability for the central banks to avert a downturn is limited.
A Perfect Storm Brewing in EU with Brexit: Is Gold the Answer?
The United Kingdom is set to leave the European Union (HEDJ) in March. A Withdrawal Agreement has yet to be approved by both the UK and European parliaments if the UK is to leave in a planned and orderly way.
Central Banks Buy Most Gold in Three Years
According to the World Gold Council (or WGC), central banks’ gold (SGOL) buying has hit the highest level in almost three years for the quarter ended September 2018.
Central Banks Are Accumulating Gold due to Dollar Worries
Central banks have been net buyers of gold (SGOL) since the beginning of the financial crisis of 2008.
US Economy: Are Investors Ignoring the Trade War Risks?
Jamie Dimon mentioned that while the price increases from the trade war are detrimental, the bigger problem will be the second-order effects.
Why Trade Tariffs Could Strengthen China Globally
China and Russia are forming a unified front to tackle the US tariffs and sanctions.
What’s on the Horizon in the Escalating US–China Trade War?
While there were renewed hopes of trade talks between the US and China, Trump’s September 13 tweet downplayed the need for a trade deal.
Is the US Economy Showing the First Signs of Cracking?
According to David Rosenberg, the chief economist of Gluskin Sheff, 14 economic reports in August thus far have missed expectations.
Investors’ Positions as Gold Drops to a 19-Month Low
On August 15, gold prices fell to a 19-month low of $1,173 per ounce as the US dollar continued its winning streak.
Trade War Is Still Investors’ Top Concern: Should You Be Worried?
While fund managers are bullish on US equities (SPY), there’s still no lack of concern in the market.
What to Know as Turkey’s Currency Crisis Rattles World Markets
A currency crisis is currently rattling the world markets. Today, the Turkish lira (TUR) has plunged 20% against the US dollar.
US Dollar Climbs to Fresh One-Year High, Pressures Gold
The US Dollar Index (UUP) (USDU) rose to a one-year high on July 19 to 95.4 after Powell’s comments and the Philadelphia Fed survey findings.
Deal or No Deal: Brexit Uncertainty Is Good for Gold
After almost two years, the uncertainty related to Brexit could again come in as a support for gold and other precious metals.
Gold’s Impact: Is the US Dollar Rally Running Out of Steam?
The US Dollar Index (DXY)(UUP) has risen 8.3% since its low on February 15.
Why the European Central Bank Is Optimistic about Growth
At its April 26 meeting, the ECB’s (European Central Bank) governing council sounded optimistic about the European Union’s growth momentum.
Eurozone Manufacturing PMI Weakened in January 2018
The final Eurozone Manufacturing PMI showed an improvement in January 2018. It stood at 59.6 in January 2018 compared to 60.6 in December 2017.
Inside the Germany Manufacturing PMI in January 2018
The Germany Manufacturing PMI showed improvement in January 2018. It stood at 61.1 in January 2018 compared to 63.3 in December 2017.
Eurozone Manufacturing Rises at a Higher Rate in November
Eurozone manufacturing data The Eurozone’s manufacturing PMI (purchasing managers’ index) stood at 60.1 in November, compared with 58.5 in October 2017, according to Markit Economics. The reading met the preliminary estimate of 60. Eurozone manufacturing activity rose due to increases in the following: production output new orders and export orders employment Production output and new order levels reached […]
Behind Spain’s New and Improved Manufacturing PMI
Spain’s manufacturing PMI rose to 55.8 in October 2017, compared with 54.3 in September 2017. The PMI figure beat the preliminary market estimation of 54.9.
What No Change in Germany’s Manufacturing PMI Could Mean for Its Economy
Germany’s final manufacturing PMI showed no change in October, coming in at 60.6, and meeting the preliminary market estimation of 60.5.
How France’s Unchanged Manufacturing PMI in October Could Affect Markets
The final France manufacturing PMI, remained unchanged in October 2017, standing at 56.1 and falling short of the preliminary market estimate of 56.7.
How the Eurozone ZEW Economic Sentiment Index Looked in October
According to a report by the Centre for European Economic Research (ZEW), the Eurozone ZEW Economic Sentiment Index fell to 26.7 so far in October compared to 31.7 in September.
The Eurozone Services PMI Improved Strongly in September
The final Eurozone services PMI (purchasing managers’ index) rose strongly in September 2017. It stood at 55.8 in September 2017, up from 54.7 in August 2017.
France’s Services PMI Strengthened in September after a Gradual Fall
The iShares MSCI France ETF (EWQ), which tracks France’s performance, rose 4% in September 2017.
Does France’s Rising Manufacturing Mean a Strong Business Climate?
According to data provided by Markit Economics, the final Markit France manufacturing PMI (purchasing managers’ index) stood at 56.10 in September 2017, compared to 55.80 in August 2017.
Eurozone Services PMI Weakened: Will It Affect the Business Climate?
According to a report by Markit Economics, the Eurozone services PMI (purchasing managers’ index) stood at 54.7 in August as compared to 55.4 in July 2017.
Why Spain’s Service Activity Dropped in August 2017
According to a report by Markit Economics, the Spain Services PMI (purchasing managers’ index) stood at 56 in August compared with 57.6 in July.
Why France’s Services PMI Fell in August
According to data provided by Markit Economics, the August France Services PMI (purchasing managers’ index) stood at 54.9 in August 2017 compared with 56 in July 2017.
Eurozone’s Manufacturing PMI Indicates Healthier Economy
According to a report by Markit Economics, the final Eurozone manufacturing PMI (purchasing managers’ index) improved in August 2017.