Bassanese Bites: Rates relief – March 29 2021
Global markets Despite new lockdowns in Germany, risk-on sentiment improved last week thanks to a stablisation in bond yields, U.S. inflation relief, further progress in the U.S. vaccine rollout, and new freedoms for U.S. banks to pay dividends and buy back stock. U.S. Fed chair Powell spoke …
FNArena’s Weekly Insights – March 22 2021
In this week's Weekly Insights: -Banks: Bonds & Yields Versus Targets & Valuations -Investing In 2021: The World Upside Down -Pharma & Biotechs in February -FNArena Talks -Conviction Calls By Rudi Filapek-Vandyck, Editor FNArena Banks: Bonds & Yields Versus Targets & Valuations My update on Australian banks last week elicited a few questions …
Bassanese Bites: The dot plot thickens – March 22 2021
Global markets Global equities wilted under under the onslaught of further bond yield increases last week, with the Federal Reserve opting not to respond with bond supportive policy measures in last week’s meeting. Indeed, under pressure from Democrats not to water down banking regulation, the Fed …
FNArena’s Weekly Insights – March 15 2021
In today's Weekly Insights: Are Australian Banks Back As An Indicator? By Rudi Filapek-Vandyck, Editor FNArena Pre-extreme market polarisation, I had developed my own share market indicator for the ASX, and for a while it proved rather reliable and effective. Its composition was extremely simple and straightforward too. I would …
Bassanese Bites: Dot plot showdown – March 15 2021
Global markets Global equities managed to shrug off further upward pressure on bond yields last week, as the combination of strong economic growth yet tame inflation results buffeted investors. The S&P 500 Index rose 2.6% even as U.S. 10-year bond yields lifted 6 basis points to 1.63%. …
FNArena’s Weekly Insights – March 08 2021
In today's Weekly Insights: -Will The Fed Tame The Beast? -Conviction Calls -FNArena Talks Will The Fed Tame The Beast? By Rudi Filapek-Vandyck, Editor FNArena In a share market that is as bifurcated as the ASX, leading indices such as the ASX200 or the All Ordinaries no longer show investors the …
Bassanese Bites: Bond watch – March 08 2021
Global markets Global equities managed to end last week in positive territory, despite a further lift in bond yields. Although markets were initially disappointed that Fed chair Powell did not promise to do more to stem the rise in yields, investors finally concluded after the …
FNArena’s Weekly Insights – March 01 2021
A February For The Record Books By Rudi Filapek-Vandyck, Editor FNArena It has been a while since a corporate results season in Australia was mostly about corporate performances. The last time this happened was, according to my memories, February 2018. Back then, investors weren't so sure whether strong …
Bassanese Bites: Good news is bad news – March 01 2021
Global markets The ‘bloodbath’ in global bond markets continued last week, with U.S. 10-year bond yields ending the week up another 7bps to 1.41%. A poorly supported U.S. 7-year Treasury bond auction appeared to be the catalyst for last week’s further yield gain, with assurances from …
FNArena’s Weekly Insights – February 22 2021
In this week's Weekly Insights: -February 2021: Banks Are Back! -A Supercycle In Dividends -Best Set Of Numbers In A Decade -The Market Is A Duck Pond -When Gold Meets Its Master -Bond Yields Won't Rise Forever By Rudi Filapek-Vandyck, Editor FNArena February 2021: Banks Are Back! In a reporting season that is about …
