INSIDE Market timing, speculation and investing considerations When investing in high growth segments like U.S. tech, it is imperative to get the timing right otherwise you risk exposing your portfolio to excessive volatility. While this is fine for younger investors averaging into the market with their savings, this may not
Welcome to this month’s Market Strategy. This edition we take a closer look at what caused the huge spike in volatility sending global markets suddenly correcting before subsequently rebounding in short order. In particular, we examine what is called “the yen carry trade” and how central bank policy and currency markets have had an outsized influence on equity markets which has created some opportunities as well as some new risks.
INSIDE Q2 earnings Expectations are quite strong for certain segments and weaker for others which could create opportunities. A market out-of-balance Everyone is chasing a U.S. equity market that is currently out-o f-balance with breadth at it’s lowest level in over three decades. Our tactical positioning We review our tactical
Welcome to this month’s Market Strategy. Markets continue to be led higher by the American powerhouse Nvidia and other mega cap tech while bullish bets on the broader global economy have fallen to decade lows if oil speculators provide any indication of what’s ahead. Meanwhile, asset managers are going all-in on the falling interest rate trade by shorting the U.S. dollar and buying U.S. treasuries. This has pushed the U.S. Dollar Index (DXY) down nearly 2 per cent and 20-year treasuries up over 3 per cent in May.
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