January 26, 2018
The world has now accumulated $215 trillion in private wealth, a 12% increase over 2017, according to the latest report by market research company New World Wealth. This number today includes wealth held by the general population, as well as the
Talking Points: Crude oil, gold prices drop as President Trump boosts the US Dollar UK, US GDP data may upend commodities’ rebound in risk-on trade Commodity prices retreated yesterday – with crude oil and gold dropping in tandem – as the US Dollar staged a sudden recovery following
Today’s release of the publicly available data from ECRI puts its Weekly Leading Index (WLI) at 151.5, up 1.1 from the previous week and at another record high. Year-over-year the four-week moving average of the indicator is now at 3.08%,
Biotech stocks soared again today to new highs driven by Abbvie Inc.(ABBV) earnings and overall sector strength. Momentum was strong in the general market with NASDAQ up 1.28% and the S&P up 1.18%. The M&A theme should be the driver in 2017.
2018’s January US winter wheat seedings provided a new surprise to the market. Instead of this year’s US producer survey showing a significantly lower-than-expected planting level than the trade’s estimate like 28 out of last 29 years, this month’s seedings were 1.5 million
2018 has seen something unusual happen… As stocks have soared, so the implied volatility of the S&P 500 has also – very unusually – risen… In fact VIX and the S&P are up for 3 straight weeks – the longest
Small-cap stocks typically outperform in January. Investors call this the January Effect. The rationale for such an effect is simple. Near the end of the year, investors dump many of their smaller stocks to spruce up their portfolio holdings and cut some losses
The prospect of a Brexit deal this year, U.S. dollar weakness, risk appetite and stronger U.K. data helped propel GBP/USD above 1.43 making sterling the second best performing currency this week. Public sector finances beat expectations, earnings grew at
