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Notable Bear Isn't Betting Against The Market
Tuesday, July 18, 2017 - 11:58am | 335David Tice of Tice Capital is one of the stock market's most notable and vocal bears. His own website even highlights the dangers of "investing near the end of a secular bull market" yet at the same time he believes an equally dangerous trade is betting against the bull market and...
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Trump May Not Be All Gravy For Bank ETFs
Monday, November 14, 2016 - 1:37pm | 546Broadly speaking, political donors on Wall Street backed Democrat Hillary Clinton in this year's presidential election. Judging by the reaction to Republican Donald Trump's stunning upset, financial services stocks and the corresponding exchange-traded funds are comfortable with the idea of...
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The Republican Sweep Changes Everything For Morgan Stanley's Large-Cap Bank Thesis
Monday, November 14, 2016 - 12:36pm | 542The surprise election of Donald Trump may have been a game-changer for bank stocks. Morgan Stanley analyst Betsy Grasek has issued a wave of rating and price target changes for bank stocks. Even following significant post-election run-ups, Morgan Stanley has upgraded Citigroup Inc (NYSE: C) to...
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El-Erian: Central Banks Have 'Distorted' The Public Market
Thursday, October 20, 2016 - 8:24am | 466Mohamed El-Erian, a well-respected economist and chief economic adviser at Allianz, isn't a fan of owning stocks. In an interview with Bloomberg, El-Erian said he isn't avoiding stocks because of the perceived risks. In fact, his portfolio composition contains assets generally considered to be...
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Strategist: Investors Need To 'Be Very Careful' Where They Take Risk
Monday, October 3, 2016 - 10:44am | 334BlackRock's global chief investment strategist Richard Turnill has some advice for shareholders. Turnill helps manage and oversee BlackRock's nearly $4.9 trillion in assets under management was a guest on CNBC. He started off by saying there is an ongoing shift in the "economic...
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Maybe Negative Rates Aren't As Scary As Investors Think
Tuesday, September 27, 2016 - 8:34am | 411For some investors, negative interest rates have a certain stigma of doom and gloom attached to them — but it shouldn't be, at least according to Denmark. Interest rates have been negative in Denmark for a longer period than any other country on the planet, and the country's head of the...
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Bank Of Japan Has Turned Into 'Control Freaks'
Wednesday, September 21, 2016 - 7:41am | 377The Bank of Japan announced a shift in its monetary easing policy whereby it will buy as much or as little Japanese bonds as necessary to maintain a yield on 10-year bonds at zero. At the same time, the Bank of Japan maintained its existing policy of increasing its government-bond holdings by...
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Bank Of England Maintains Current Interest Rates But Hints Of Another Rate Cut This Year
Thursday, September 15, 2016 - 10:44am | 313The Bank of England on Thursday voted to maintain its 0.25 percent interest rate but hinted a further cut could occur before the end of the year. The Bank of England lowered its key interest rate on August 4 to 0.25 percent from 0.50 percent. The central bank noted at that time that economic...
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Why Would Anyone Buy A Negative Yielding Bond? Simple: To Earn A Profit
Friday, September 9, 2016 - 3:07pm | 377Money managers who may be required to allocate a certain portion of cash in fixed income investments are faced with a simple problem: There are few opportunities where bond yields are attractive, let alone yielding a positive return. According to a CNBC report, large fund managers, such as...
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It's Quiet ... A Little Too Quiet In The Markets The Past Month
Thursday, September 1, 2016 - 8:45am | 473The S&P 500 opened for trading on August 1, 2016, at 2,173.15 and closed the month at 2,170.95. The S&P 500 index isn't alone, as the Dow and Nasdaq indices ended the trading month nearly where it started as well. August's trading session was quiet and calm, but as the saying goes, it is...
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Bank Of England Slashes Interest Rate To 0.25%, Notes 'Indicators Have All Fallen Sharply'
Thursday, August 4, 2016 - 8:54am | 352The Bank of England met on Thursday, and, as expected, the central bank lowered its key interest rate for the first time in seven years to 0.25 percent from 0.5 percent. The vote to lower rates was unanimous across all nine officials, and the majority of officials expect to implement another rate...
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Thailand ETF Prevails Despite Shaky Bank Loan Issues
Friday, July 29, 2016 - 1:08pm | 600As was the case in previous periods of emerging markets strength, Thai stocks and the iShares MSCI Thailand Inv Mrkt Index Fd (NYSE: THD) are excelling this year as broader developing markets benchmarks rebound. The lone dedicated Thailand ETF trading in New York is up 27.7 percent year-to-date,...
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Post-Brexit, Banks Could Be Problems For U.K. ETFs
Tuesday, July 26, 2016 - 8:47am | 632Underscoring the vulnerability of U.K. assets in the post-Brexit world, the Guggenheim CurrencyShares British (NYSE: FXB) is lower by nearly 12 percent over the past month. Remembering that when an investor opts for international stocks or funds he or she not only incurs equity risk, but currency...
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Fed Facts: Explaining Quantitative Easing
Friday, July 22, 2016 - 6:45am | 254The Central Bank of the United States has several arrows in its quiver when it comes to monetary policy, or the method by which the Federal Reserve manages money for the country. One of the most often used is quantitative easing (nicknamed "QE"). Often spoken of as “printing...
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Pro: Japanese Yen, Not The Euro, Is A Safe Haven Play Following Brexit
Friday, July 1, 2016 - 12:10pm | 303It may seem like a strange concept for investors to grasp, but according to Simon Derrick, an analyst at BNY Mellon, a safe haven for investors post-Brexit vote is the Japanese yen. Speaking as a guest on CNBC early Friday morning, Derrick stated the Bank of England's chief Marc Carney made it "...