The party will end, it always does
February 18, 2020

The equity markets across the globe have shrugged off the coronavirus fears due to massive intervention from the central banks.…

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We see trouble ahead for high yield bonds
December 23, 2019

The stock market has been on a liquidity binge courtesy of the Fed. With phase 1 trade deal in the…

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Volatility awaits 2020
December 13, 2019

Many in mainstream media seems to believe that a recent trade agreement is the final nail in the coffin for…

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Diverging signs
November 30, 2019

The Fed has cut interest rates three times this year and now it is expanding its balance sheet in what…

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Market Commentary
November 28, 2019

The stock market is running on hopes and dreams rather than fundamentals. Valuation is at the extreme with market internals…

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Market Commentary
November 19, 2019

Another round of fractured event has unfolded today in the stock market with smaller indices such as the Russll and…

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Market Commentary
October 26, 2019

The macro environment continues to be defined by uncertainty and the recent breakdown in momentum stocks points to increased odds…

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No growth everywhere
October 25, 2019

Growth is slowing in almost all major economies, the expectations for global growth have continued to deteriorate in the face…

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Expect earnings revision
October 18, 2019

Earnings are worse than expected and outlook for 2020 continues to fall based on the revised estimates. With the first…

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Flashing red but markets will ignore the headlines
October 14, 2019

Trump is gloating from the recent trade deal (if you could call that a deal) with nothing written on paper…

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Poised for another rally
October 1, 2019

Investors will be awaiting the outcome of the next round of trade negotiations in October and monitoring third-quarter earnings reports…

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Bitcoin Commentary
August 9, 2019

The main reservation many investors have about Bitcoin is also what’s holding consumers back from using the cryptocurrency; it’s not…

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KOSPI Commentary
August 4, 2019

A growing number of experts worldwide are expressing skepticism about the government's rosy outlook for the country's economic growth for…

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Rate Cut
July 31, 2019

The Fed's current policy of anticipatory and preemptive rate cuts will lead to unsustainably high asset prices, increased financial instability…

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KOSPI - GDP Outlook Cut
July 28, 2019

The stock market will turn its ears on the latest round of trade talks between the United States and China…

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Market Commentary
July 24, 2019

The equity markets' disconnect with the current economic environment is truly amazing to see. We have never seen more of…

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