News Stocks 

Keep your money in stocks regardless of risk appetite, UBS says

“UBS, the world’s largest wealth manager, said investors should keep their money in the stock market this year regardless of their risk appetite” writes Yen Nee Lee for cnbc.com. “You have to stay invested, whatever your risk tolerance can bear,” Mark Haefele, global chief investment officer at UBS Global Wealth Management, said on Monday.Markets have been volatile in recent months as investors re-position for slower global growth and heightened uncertainties.That’s set to continue, leading some investors to consider whether it’s time to get out of equities and hold cash before…

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JPY News 

USD/JPY nears test of 110 handle despite optimistic risk sentiment

“Even so, the peculiar thing is that the yen remains well bid despite the improved risk sentiment today” reports forexlive.com. The 110.00 handle is a key psychological and support barrier for USD/JPY so expect plenty of focus to center around that level in the trading sessions ahead.Right now, sellers are still maintaining the bearish bias/momentum as price continues to trade under both the key daily moving averages. Looking at other factors that could influence price action, there aren’t any significant expiries rolling off over the next two days so expect…

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Markets News Stocks 

Mark Hulbert: Emerging market stocks won’t protect your portfolio from a U.S. bear market

“They found that emerging market equities have not outperformed developed market equities over the long term” writes Mark Hulbert for marketwatch.com. Moreover, because emerging market equities are significantly riskier, they lagged developed market stocks by an even larger amount on a risk-adjusted basis.Put another way, investing in emerging market equities should be seen more as a market-timing bet rather than an asset-allocation decision.Plus, emerging market stocks may be good bets for other reasons.Sure enough, non-survivorship played a big role in emerging market equities’ greater risk. Source: marketwatch.com

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News Oil Stocks 

U.S. oil prices extend gains as equities rise, but economic worries weigh

“Brent crude oil futures had yet to trade” writes Midwest Communications Inc for 95kqds.com. “Oil prices have rebounded following the stock market’s move, but they are still low,” said Shim Hye-jin, a commodity analyst at Samsung Securities in Seoul.SEOUL (Reuters) – U.S. oil prices on Thursday extended their sharp climb from the session before amid rising stock markets, but worries over a glut in crude supply and concerns over a faltering global economy kept a lid on gains.Offering further support to oil prices, U.S. crude inventories were forecast to drop…

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Markets News Stocks 

The traditional stock-bond correlation disappeared in 2018, spelling trouble for investors

“To show the recent regime shift, Slok compares the movements of the 10-year Treasury yield against percentage changes in the broad-market S&P 500 over the last five years, in the chart below” writes Sunny Oh for marketwatch.com. As a result, investors with a balanced portfolio of stocks and bonds were saddled with deeper losses than they had anticipated.Since the 1980s, the U.S.’s rising deficits have not weighed on Treasurys, with the 10-year yield riding a multidecade bond bull market to hit a record low of 1.32% in 2016.What’s more, if…

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News Stocks 

Equities end the year under siege as the bears have their claws out

“As for US stocks, the S&P 500 index is on the verge of tilting towards a 20% drop from its peak this year” reports forexlive.com. But all that came crashing down in Q4 and stock bears have pounced on that with no hesitation.The Nasdaq has already fallen into that pit last week as tech stocks have been bearing the brunt of the declines over the past few months. Unless US and China are able to pull off a sensational trade deal in Q1, it appears that equities will be in…

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Markets News Regulators Stocks 

Treasury chief calls market reaction to Fed ‘overblown’

“The market reaction is completely overblown,” he said” writes Midwest Communications Inc for 95kqds.com. WASHINGTON/NEW YORK (Reuters) – U.S. Treasury Secretary Steven Mnuchin said on Thursday that investors’ reaction to the Federal Reserve’s interest rate hikes was “completely overblown”, in an unusually direct comment on financial market activity.Meanwhile, Credit Suisse Group AG estimated on Tuesday that pension funds will move $63 billion out of bonds and $24 billion into developed market stocks.Mnuchin’s remarks came as stocks sank for a second day after the Fed raised rates for the ninth time…

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