Market Overview

This could, perhaps, be the shortest blog post ever. I could simply answer the question with: follow your rules. Get out. But let’s dig a little deeper.Before we really begin, it’s...

Global generalist with 47 years of dividend growthThe Bankers Investment Trust (LONDON:BNKR) invests in global equities with the objective of beating the FTSE All-Share capital return and increasing...

Today on 11 December 2014 Russia's central bank hiked its key rate by 100bp to 10.50% as consumer prices continued to accelerate quickly to 9.4% y/y as of 8 December 2014. The hike was expected by the...

We believe that the Riksbank will adjust GDP growth lower and flatten the inflation curve next week - how will policy respond to that? We close our outright position in the 5y covered bond SEB572...

Irish Q3 GDP data released today showed only a very modest growth rate of 0.1% q/q and 3.5% y/y. While the soft print is out of sync with the upbeat leading indicators it is not really a surprise....

Banks' take-up in the December TLTRO was EUR130bn, which implies the total for the first two TLTROs was around EUR210bn out of EUR400bn eligible (7% of the total amount of eligible loans outstanding...

In the world of investment management, 2015 will arrive with little fanfare but perhaps more trepidation than usual. Advisors will consider a myriad of factors, both economic and not, which weigh on...

Serendipity often plays a role when I am considering a blog post. In this case, I wasn’t even planning a post but was updating old spreadsheets for current data to see how things have developed....

The markets have been more tumultuous than usual in recent days. There were two developments that are important for investors to know about, but many likely missed.First, yesterday the US reported the...

1) Indonesia’s recently elected President Jokowi is facing his first major popular challenge2) Turkey raised the daily dollar auction amount from $20 mln to $40 mln3) There are signs of some...

Many observers have proclaimed the death of OPEC. This seems to be a premature judgment, and may reflect a misunderstanding of oligopolistic practices.The decision not to cut production is not a sign...

European markets focus on TLTRO European markets are trading lower and continuing their move towards the downside. Nothing is positive in the market today when it comes to sentiment, regardless which...

New Zealand returns to tightening path The Reserve Bank of New Zealand (RBNZ) kept its benchmark interest rate unchanged overnight, as was universally expected, but surprised the market by stating...

The markets have been subject to large moves in recent days. Some, including those involving the dollar, were counter-trend moves. Some, like oil, were accelerations of the existing trends. There...