U.S. markets are at their highest risk levels since before the 2008 financial crisis because investors are paying a high price for the chances they’re taking, according to Bill Gross, manager of the $2 billion Janus Henderson Global Unconstrained Bond Fund.
Bank of China Ltd., the nation’s fourth- largest lender, posted a 23 percent surge in second-quarter profit after curbing bad loans and expanding its lending margin.
Net income for the three months through June rose to 57.04 billion yuan ($8.7 billion) from 46.42 billion yuan a year earlier, according to quarterly figures derived from first-half earnings Bank of China reported to Hong Kong’s exchange last week.
Strong US employment and factory orders and great earnings fromm Apple Inc. led global stocks to new all-time highs last week.
The rally was paced by Hong Kong Listed Chinese shares up 2.30% and by Hong Kong Stocks.
As 1Q17 finishes with a gain in the books, the stock to bond performance ratio has also broken to a new cycle high, elevating to levels not seen since mid-2007.
The measure of the stock to bond ratio measures the total return of the S&P 500 relative to that of the JPM 10 year treasury total return index. When the blue line rises, stocks are outperforming bonds, and vice versa.
All three American equity indexes rose to new all-time highs last week in a sign of relief with the nomination of Jerome POWELL to succeed Janet YELLEn at the helm of the FED and the subdued employment numbers that came out on Friday.
After a flurry of bad news in the past two years, we are of the view that it is time to BUY Volkswagen again at the current EUR 132 level.
VOW has been badly affected by the diesel emission scandal, recalls in the US and China and still has an anti-trust suspicion investigated by the European commission lingering over its head.
The european Commission probe centers on potential anti-trust breaches regarding collusion by German automakers on various technologies, including diesel emission controls. MAN trucks were part of a 2.9 Billion Euro fine for acting as a cartel.
Qatari’s markets received a battering as four of the country’s Middle East neighbors cut ties in a row over its stance on Iran and Islamist extremists.
The nation’s dollar bonds tumbled and contracts used to bet the Qatari riyal will weaken surged the most since 2009.
Stock markets are headed for a big selloff, maybe not today, but soon.
That’s the view of Nader Naeimi, who heads a dynamic investment fund at AMP Capital and helps manage about $110 billion. The Sydney-based investor has about 30 percent of his holdings in cash, an allocation to gold and is short emerging-market currencies versus the dollar. His fund has beaten 77 percent of peers over the past year, according to data compiled by Bloomberg.
The rally in Standard & Poor’s 500 Index shares may persist for most of this year, UBS technical analysts Michael Riesner and Marc Muller said, while cautioning that the long-term bull market is in its late stages.
The bulls are back in charge after a second weekly advance pushed the S&P 500 Index to a fresh record. But look a little more closely and the signs of unease in the stock market are hard to ignore.