News 

Nomura: Japanese Investors Bullish on the Dollar and Domestic Equities

“The bullish sentiment of the survey participants with regard to the US dollar could be viewed as somewhat surprising” reports financemagnates.com. Despite their bullish view of the dollar, investors were still extremely keen on Japanese equities as a source of investment.The results show that approximately 41 percent of survey participants chose the dollar as the most appealing currency to invest in. Source: financemagnates.com Share This:

Read More
News 

We asked Barclays’ new head of prime sales what’s driving massive hedge-fund launches and how the bank plans to win back business from Wall Street competitors

“It was the world’s fastest-growing equities business in the first quarter, according to public earnings results” writes Alex Morrell for businessinsider.com. There has been compression in the market, but actually the equities business continues to grow.”In other words, the prime financing engine continues to be a catalyst for growth within equities.”. In other words, the prime financing engine continues to be a catalyst for growth within equities.Business Insider sat down with Gee to discuss her promotion, what it takes to start a hedge fund in 2018, what’s behind the string…

Read More
Markets News Stocks 

Corporate bond market may be sending a red flag to stock-market investors: Goldman

“The swap index will tighten if investors believe corporate bonds are less risky than before and widen if worries grow” writes Sunny Oh for marketwatch.com. That implied that credit (accurately) did not buy into the enthusiasm of the equity market.To compare their relative performance of stocks and corporate debt over this year, the Goldman strategists didn’t look at yields for corporate bonds but rather credit default swap indexes that can be used as proxies for the fear of default.In this episode, the divergence has been equally shared between equity rising…

Read More
Markets News Stocks 

The stock market’s most-loved and most-hated equities have something in common

“If the stock rises, however, it can force short sellers to scramble to buy back the shares and close out their positions, further fueling a rise in price” writes Deputy Markets Editor for marketwatch.com. That’s interesting, Thornton said, because the ratio tends to rise after growth slows and ahead of recessions. Source: marketwatch.com Share This:

Read More
Markets News 

Money manager Joe Fahmy says the bull market is entering an ‘acceleration phase’

“Money manager Joe Fahmy thinks the ongoing bull market in equities has just entered an acceleration period and should prove more volatile in the months to come” writes unknown author for cnbc.com. “Then if we’re going to continue with that blueprint, now we’re heading into what I think will be the acceleration phase of this bull market.”I am in the camp that we started a new bull market after Brexit in July of 2016,” Fahmy said.In an exclusive interview for CNBC PRO with Mike Santoli, Fahmy defended his belief that…

Read More
News 

SocGen poaches head of equities trading from BofAML

“PARIS (Reuters) – France’s Societe Generale named Alexandre Fleury as head of equities and equity derivatives, it said on Wednesday” writes Midwest Communications Inc for 95kqds.com. Fleury was previously global head of equities structured products and structured financing at Bank of America Merrill Lynch He would replace Richard Quessette who had left the firm in late April. “This appointment will allow the bank to strengthen its edge as a global leader in derivatives,” Frank Drouet, SocGen’s head of global markets said in a statement. Source: 95kqds.com Share This:

Read More
Markets News 

It’s ‘embarrassing’ to hold cash but there are few alternatives, says investment manager

“High valuations across different assets classes are posing very few alternatives to investors, one investment manager told CNBC, adding he would rather sit on cash” writes Traders Work On for cnbc.com. The surge in valuations, mostly seen throughout 2017, has made equities, bonds and currencies more expensive for those who want to invest in these categories.As a result, some money managers believe that the current market environment doesn’t offer good opportunities and they would rather save their money to invest at a later stage.”As we look across the vista of…

Read More
News Stocks 

A so-called ominous sign for stocks is nothing to sweat — yet

“As interest rates rise, high yield is a fixed-income instrument, it actually will go lower.”” writes unknown author for cnbc.com. “A lot of that underperformance has just come from interest rates alone, so, yes, there has been divergence. High yield and stocks have historically been highly correlated.That relationship has played out this year — as interest rates have risen since January, the HYG high yield corporate bond ETF has come under pressure.”If you get into a bumpy economic cycle, high yield typically correlates with stocks, and that is one thing…

Read More
Markets News Stocks 

The 10-year Treasury yield above 3% could cause ‘proper herding’ into tech stocks, fund manager says

“But with central banks keeping interest rates low in the past few years, government bonds have had low yields” writes Lionel Bonaventure for cnbc.com. Higher U.S. bond yields could cause investors to herd into technology stocks, according to one fund manager. Now, as the U.S. Federal Reserve and other central banks begin to raise interest rates, bond yields should go higher.The 10-year U.S. Treasury yield hovered just under 3 percent on Tuesday.While the traditional thinking is that higher yields make bonds more attractive and could see rotation from equities into…

Read More