An excerpt from a week's journal: 20 August 2018: Observations & Thoughts Today was generally a risk-on environment, with Chinese equity indexes leading the way in Asia Pacific (Japan and South Korea lagged). Indian equities continued to climb higher. The Yuan has also somewhat stabilised and has strengthened against the USD since last week. Chinese … Continue reading Weekly Observations: Central Bankers as Gamemasters
Tag: bull market
Weekly Observations
An excerpt from a week's journal: Weekend 4 - 5 August 2018: Observations & Thoughts What a crazy week of a series of risk-off days. It’s time to reassess the macro liquidity landscape: US high yield bond credit spreads remain under control and are still relatively tight: The Chicago Fed’s ANFC Index is still at … Continue reading Weekly Observations
Are Grains bottoming out?
Over the past 2 decades, a more interconnected and intertwined world have allowed capital to flow easily across borders, leading to rising correlations among asset classes that were once thought to be totally disconnected or unrelated to one another. One such area is the grain market, where the increasing usage of bio-fuels as well as … Continue reading Are Grains bottoming out?
Sugar – Multi-year bull market or just an extended rally?
Many commodity prices have somewhat rebounded in 2016 following a general decline in prices since 2013. While many investors have focused on crude oil as well as the shiny yellow metal gold, a commodity that may have been overlooked by the community is sugar. After a slow and gradual decline prices, sugar has bottomed in … Continue reading Sugar – Multi-year bull market or just an extended rally?
Learning from a King of Wall Street – Michael Steinhardt’s autobiogaphy
Investor Michael Steinhardt stands out heads and shoulders among all of the many numerous professional money managers that Wall Street has ever produced. He's amazing track record of generating double-digit average annualised returns over a period of almost 3 decades (28 years to be exact) has made him and his clients a tremendous amount of money - a … Continue reading Learning from a King of Wall Street – Michael Steinhardt’s autobiogaphy
The Greenback’s bull run may not be over… yet
Year-to-date, the US Dollar has weakened against many currencies, including the Japanese Yen, the Swiss Franc and commodity currencies like the Canadian, Australian and New Zealand Dollars. This weakness has led to some commentators saying that the USD's rise since 2014 is now over. However, there exists a high probability that the greenback may roar back to … Continue reading The Greenback’s bull run may not be over… yet