Hints and tips:
...[W]e find little systematic evidence for the two most famous market seasonals, and particularly for the alleged ‘sell in May’ pattern of broad-based USD strength....
...This is where an iShares ETF comes in — the USD Treasury Bond 20+yr UCITS ETF GBP Hedged (IDTG). This is a tracker fund that’s hedged against the dollar....
...Higher, even, than the numbers followed most closely by Wall Street — S&P 500 operating margins — would suggest....
...Rosenbluth also said there were signs of US investors starting to look overseas for higher-yielding instruments, with the iShares JPMorgan USD Emerging Markets Bond (EMB) drawing in a net $420mn....
...view, says Morgan Stanley: [We] think the primary reason for why stocks have been rallying since October has to do with the plentiful global liquidity that has been provided from the PBoC, BOJ and weaker USD...
...US 1- to 5-year credit yields ~4.9% against an S&P 500 earnings yield of ~5.9%. But over the last 30 days, the S&P 500 has been 5.7 times more volatile....
...He notes that demand . . . has been consistently positive around 500 tons per year since the great financial crisis (vs. mine production of ~3,500 recently), but it came in at a record 400 tons in Q3 alone...
...despite the continent’s bourses outperforming on a relative basis this year, with the pan-eurozone Euro Stoxx 50 index down 9.6 per cent year to date, a more muted loss than the 17.8 per cent fall in the S&P 500...
...global slowdown remains a very positive environment for the dollar,” wrote analysts at ING, who added that such an environment could lead the dollar index to “trade some 2 per cent higher, meaning that EUR/USD...
...The launch comes amid a painful sell-off for all things crypto, with the price of bitcoin down 70 per cent from its November highs to $19,430, and the market value of the top 500 crypto tokens having slumped...
...This 113% USD-denominated profit may appear to be an exceptional return on Celsius’ $534 million investment....
...At the time, it was around $6,500 per bitcoin, according to crypto market analysts CoinGecko....
...They are down by more than a fifth this year, underperforming the almost 8 per cent drop for the S&P 500....
...Median fees for transferring holdings on the network have risen more than 3,500 per cent for Tether year over year....
...The group was also saddled with standard and deferred tax charges which contributed to the net income loss of £500,000 and resulted in a cash taxation outflow of £3.62mn, up 59 per cent on the previous year...
...They constitute a $128bn industry, having grown almost 500 per cent in size in 12 months....
...Bitcoin has slipped about $2,000 over the past two days to about $29,500, leaving the most actively traded coin flirting with lows it reached late last month....
...to USD ETF....
...The S&P 500 closed 1.2 per cent higher, after dropping roughly the same amount earlier in the day, while the tech-heavy Nasdaq Composite climbed 0.9 per cent....
..., S&P 500, Treasuries: the imperial circle -- Cinema’s greatest scene...
...Peter Sleep, senior portfolio manager at Seven Investment Management, recommends JPMorgan USD Ultra-Short Income ETF as a near-cash product....
...We think EUR/USD can rise to $1.15.”...
...The chart below measures the percentage of global developed and emerging market stocks that have beaten the S&P 500 on a total return USD basis over one and two years....
...Now I certainly did not think back in March that the S&P 500 would be positive for the year as soon as June....
...For multinational companies in the S&P 500, a weaker dollar is part of any 2020 earnings growth recovery....
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