I know the chances of anyone paying attention to this article are slim, but it’s worth putting it out there nevertheless. If you are stockpiling to prepare for Brexit, as it increasingly is the fashion, you need to stop. You are doing yourself and the others around you more harm than good.
Tag Archives: forex
Europe’s year of change depends on its voters
Beyond the depressing, backward-looking policies that the Brexit vote and the election of Donald Trump as US president seem to have brought, there is a ray of hope.
People elsewhere in Europe, seeing the first ugly consequences of populism, might find enough motivation to go to the polls in elections just to try to keep populists out of government. I am talking about the decent people who are tired of politicians but aren’t seduced by the populists’ siren calls.
Politics are back and spoiling Mario Draghi’s good work
Politics are back in play in most of Europe, and this doesn’t bode well for central bankers. Even the almighty European Central Bank had a moment of weakness last week, when it broadcast a message so complicated to markets that it should not be surprised it fell wide of the mark.
Post Brexit, loss of ‘coolness’ is the hardest to price in
The way the markets have reacted to Brexit, you’d be forgiven to wonder what the fuss was all about.
ECB announcement breathes life into debt funds
The European Central Bank helped credit as an asset class, and of course corporate bonds within it, become attractive to investors again.
The euro is believed to be at its cheapest since April 2003
The euro is at its cheapest since April 2003 following the European Central Bank’s various monetary easing measures, according to a survey of fund managers by Bank of America Merrill Lynch.
Bearish sentiment abounds; coordinated market intervention next?
Bearish sentiment abounds in financial markets, and the contrarian “buy” signals intensify. And yet, few analysts have the courage to say the correction/bear market is over and this is the time to jump into the market.
Either rally, or recession and debt default: investor survey
An investor survey showed such “unambiguous pessimism,” that either risk assets are ripe for a rally or the markets are positioning for a recession and/or an imminent debt default, according to Bank of America Merrill Lynch research, which carried out the survey.
The most overcrowded trade of the month
Being long US dollar is the most overcrowded trade for August, while this month the pound is the most overvalued since November 2008, a survey of fund managers showed.
Hedge funds turn bearish on emerging markets
Hedge funds have turned bearish on emerging markets on a medium-term outlook, a recent survey of investors showed.