Recent Posts

US stock futures track global retreat; euro dips

Bloomberg A downbeat mood settled over markets on Tuesday, as fears surrounding the populist Italian government’s fiscal plans topped a list of reasons for caution. US equity futures tracked losses across Europe and Asia, the euro dropped a fifth day, and Treasuries and bunds advanced. Contracts for the S&P 500, Nasdaq and Dow Jones indexes all followed the Stoxx Europe ...

Read More »

Emerging-markets: Scene may be set for more gains

Bloomberg After a rally from mid-August gave way to another sell-off through early September, emerging-market investors would be forgiven for being wary of new signs that calm is returning. But with the dollar struggling to make headway and equity valuations in the developing economies near the lowest this year, the scene may be set for more gains. So say commentators ...

Read More »

Value quants stymied again as momentum stocks rally

Bloomberg Another rotation to value has been snuffed out. Bets that the market’s winners will keep winning and that quickly-expanding firms will outperform are once again trouncing a market-neutral portfolio that effectively buys inexpensive stocks and shorts pricier ones. The US momentum and growth factors are at multi-year highs relative to value after lagging for a small stretch in mid-September. ...

Read More »
Send this to a friend