s&p 500

Seasonal headwinds are setting in for stocks. Looking across assets, risk assets tend to underperform from June-Nov, and defensive assets tend to outperform during...

Corporate capex growth crashed in 2020 for understandable reasons.Commodity capex in particular contracted at a record pace and now its weighting of total S&P500 capex...

The local market had a volatile day that finished slightly positive. We have finished the ninth consecutive week without a single day’s turnover above $9 billion....

Whether you think there is a bubble, or the current valuations are justified doesn’t matter. It’s a fact that valuations are higher than they have ever been for many...

Most of the time, financial markets ebb and flow like the tide. All boats are lifted or fall together. But sometimes, different assets part company, responding to the...

Options markets are exhibiting two unusual dynamics at the moment that can provide some insight on investor positioning and sentiment. For contrarians, the signals...

Do today’s minuscule rates of interest justify stock markets’ sky-high valuations? Bulls often imply – and sometimes boldly assert – that they do, and mainstream...

It was the 1970s - ‘72 to be exact, and apart from Gough Whitlam coming to power in Australia, Watergate in the US, and bellbottoms everywhere, it was the height of...

The USD gold price hit record highs in July, trading above USD 1,960 per troy ounce. Silver also rallied strongly, up by more than 30% for the month. Declining real...

Global equities eked out further gains last week, largely reflecting more vaccine hopes, good JP Morgan earnings and general relief that more widespread lockdowns were...

In this article I am going to discuss the composition of the S&P/NZX 50 index, which is considered New Zealand’s principle gauge of how the New Zealand share market is...

Global equities tried hard to remain positive last week even as new CV-19 cases continued to emerge in Beijing and some U.S. states. After the previous Thursday’s...

After basking in fever pitch risk-on sentiment in the previous week, global markets slumped last week as dour economic forecasts from the U.S. Federal Reserve and a...

Risk-on sentiment prevails global markets last week – so much so that even previously neglected sectors such as financials began to attract interest. Key drivers were...

Resilience, time after timeFormed all the way back in the late 1800s, the Dow Jones Industrial Average (DJIA) is considered one of the key benchmark indexes for the US...

A look back at the NASDAQNot to be overshadowed by the larger New York Stock Exchange (NYSE), the NASDAQ is the world’s second-largest stock exchange based on...

“In finance, everything that is agreeable is unsound and everything that is sound is disagreeable.” Winston Churchill With the S&P 500 Index enjoying a rebound of ~28%...

Much global human activity is grinding to a halt as Q2 2020 gets underway. Rolling lockdowns of economies around the world have driven sharp falls in leading...

There was a brief period when “Faded (Where are we now)” topped the charts recently and we thought it would be an apt title for this week’s blog. Late last year, our...

Markets have changed and probably not for the better. Investor complacency seems to be the norm as their reliance on central banks and policymakers to come to the...