Declines in emerging market currencies and other financial markets in EM have been a big driver of investor angst so far this year. Since April 18th, our equally-weighted index of EM currency performance versus the US dollar has dropped 11.8%;
October 12, 2018
VIX, the “fear gauge,” measures S&P 500 near-term volatility by using options that expire in 23–37 days. Therefore, the VIX we often discuss is the 1-month volatility index. However, the Chicago Board Options Exchange (CBOE) also publishes 3-month (VIX3M) and
We had some profit-taking in the metals and in short positions in equities today. Let’s see how things go next week. I have to run now to take care of some errands while the sun is shining. Have a pleasant
A much welcomed relief rally seen in Asia today, which was a refreshing surprise given how most opened. China did publish the best trade export numbers to the US in sometime, but is being negated by the storey US firms
Data Courtesy of Trade Alert
Shares of the “big three” video game publishers were in focus after Piper Jaffray analyst Michael Olson told investors in a research note that the firm’s analysis of video game viewership data is most positive for Activision Blizzard (ATVI), while
Stocks Oversold – Another Down Day The stock market had another weak trading session on Thursday. The S&P 500 fell 2.06% and the Russell 2000 fell 1.91%. On the bright side, some of the hardest hit groups outperformed. The Nasdaq
This year hasn’t been a particularly great year for cryptocurrencies. The Ripple, Ethereum, and Bitcoin prices were stable for the last few weeks, but they have become incredibly volatile this week. Bitcoin and other major cryptocurrencies witnessed a sudden decline in their
This week has been a pretty brutal one for growth stocks. One of the best ways to see this is the performance of the NYSE FAANG+ Index, which has flat-out collapsed. The index is slightly broader than the traditional FAANG
The Consumer Price Index for Urban Consumers (CPI-U) released yesterday morning puts the year-over-year inflation rate at 2.28%. It is substantially below the 3.76% average since the end of the Second World War and above its 10-year moving average, now
