Standard & Poor’s default forecasts in Europe remain very low. This reflects further incremental improvement in the European economy Defaults in Europe are proving to be a rare occurrence in 2015, says Standard & Poor’s Ratings Services in a report published titled “European Corporate Defaults Are Almost As Low As They… Read More »
Moritz Kraemer -
The Syrian refugee crisis is the worst since the millions displaced by the Bangladesh Liberation War almost half a century ago, in the absolute numbers of cross-border displaced people, not counting those leaving other countries in Europe, the Middle East, and Africa We expect the number of asylum seekers in… Read More »
Plans for normalization deferred, not derailed “Today the FOMC signaled that plans for interest rate normalization are deferred but not yet derailed. It’s difficult to categorize this outcome as a genuine surprise. While the rate decision and accompanying policy statement were no doubt dovish relative to expectations, the so… Read More »
CPI in the UK has fallen from 0.1% in July to 0% in August, both in year-over-year terms. Continuing deflationary trends observed in transport (largely petrol) and food (supermarket price wars), which have together taken 0.7% off CPI over the last year, were dragged back up to the zero… Read More »
The US and EU are highly regulated examples of capitalism at work while China is a communist country that is committed to entering the global economy, which entails deregulation of the old system. There is, therefore, on the one hand, a tendency to regulate more and more economic systems that… Read More »
Whilst economic forecasters are currently concerned about falling oil prices and the implications for global growth, weather forecasters worry about the impact an El Niño weather event could have on global weather patterns In August, America’s National Oceanic and Atmospheric Administration (NOAA) said there is a 90% chance that the… Read More »
WisdomTree believes that screening and weighting equity markets based on their fundamentals can help produce higher total and risk-adjusted returns over a complete market cycle We continue to see proliferation of the term “smart beta,” which in its simplest terms indicates an index construction that does not weight constituents by… Read More »
A desynchronised cycle means an increased likelihood of global sub-optimal growth compared with the past China made an impact in August 2015, and in a spectacular way! The Chinese turmoil succeeded where events in Greece failed, in prompting the first correction (a fall of more than 10%) in US equity… Read More »
The ECB revised down its forecast and seems to have focused on downside risks, especially for inflation. It has changed one parameter of the QE programme, and may well implement extra policy action should financial conditions tighten and/or risks to price stability become more permanent. In a dovish press conference… Read More »
Investors woke up this week to headlines of “Black Monday”—now also associated to the 24th of August 2015—as equity markets continued to fall explosively after a poor week last week. Over the weekend, market expectations had been high that the People’s Bank of China would offer additional market support, on… Read More »
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