fbpx

Category: Fundamentals

Trader Chat Earning Coverage 24th of April

Earnings: Blackstone, Lilly, Union Pacific 18:13KEY TAKEAWAYS from the post-market earnings: Intel Corp. withdrew its full-year sales forecast, citing “significant economic uncertainty” caused by the Covid-19 pandemic. Shares dived lower in post-market trading even though first-quarter revenue and adjusted profit topped estimates. During the call, the company said it expected strong demand from cloud companies […]

Read More

Weekly Prep for Week 45 Nov. 4th – 10th

Global overview ▪ Service sector PMI surveys updated for October to provide insight into global growth trends▪ Bank of England MPC meeting▪ Germany’s industrial production▪ Indonesia and Philippines GDP Next week important releases include the US ISM Non-Manufacturing PMI, trade deficit, Michigan’s consumer sentiment, and factory orders; UK Markit Services and Construction PMIs; Eurozone retail […]

Read More

Market Prep for Week 33

Next week the US will be publishing inflation rate, retail sales, industrial production, housing data and flash Michigan’s consumer sentiment. Elsewhere, other important releases include: UK unemployment, wage growth, inflation and retail sales; Eurozone trade balance and industrial production; Germany Q2 GDP figures; China industrial output, retail sales, fixed asset investment and house price index; […]

Read More

Weekly Fundamental Prep KW11-2019

Next week the US will be publishing inflation rate, the preliminary reading of Michigan consumer sentiment, retail sales, industrial production, durable goods orders, new home sales, producer prices, and NY Empire State Manufacturing Index. Elsewhere, important releases include: UK monthly GDP, industrial output and foreign trade; Eurozone industrial activity and final inflation rate; Germany trade […]

Read More

Lyft IPO A Prospectus Review

We can tell you that no other corporate document takes as much time and effort as an S-1. Everyone from founders, lead investors, management, bankers and (of course) lawyers want a say. They all know that you never have a second chance at a first impression. An S-1 is their best stab at creating the […]

Read More

Farewell Speech #Abschiedsrede Hans-Georg Maaßen

Here the first public version of his farewell speech in German, analysis follows soon. “Liebe Kolleginnen und Kollegen, Ich möchte mich heute aus diesem Kreis nach über sechsjähriger Zugehörigkeit von Ihnen verabschieden. Manche Abschiede sind geplant, z.B. wenn der Arbeitsvertrag befristet oder wenn eine bestimmte Altersgrenze erreicht ist, wie bei unserem Freund Rob, andere Abschiede sind […]

Read More

US Nonfarm Payrolls Preparation For August 2018

US Nonfarm Payrolls Preparation for August 2018   The Employment Situation for August 2018 is scheduled to be released on September 7, 2018, at 8:30 A.M. Eastern Time. Jobless claims remained near a 50-year low in the month, pointing to a very low rate of layoffs. Still, hiring may have been limited by the shrinking […]

Read More

Italy / diverging system

Simply put, the natural return-to-the-mean dynamic between Italy and Germany has ceased, causing their economic systems to diverge rather than converge. Hence, anyone buying Italian over German stocks is betting on a world first—that this system will self-correct despite a fixed exchange rate joining economies with quite different productivity levels. In fact, this has only […]

Read More

Will Powell raise or not

Here are the market-based measurements we watch most closely on these two issues: 1) Fed Funds Futures past December 2018 Current futures market pricing assumes the Fed will end this year with rates at 2.2%, which in practical terms means the aforementioned 3 rate bumps over the balance of 2018. Going out past 2019, the […]

Read More

The yield curve

The yield curve is a decent proxy for the relative future return of long-duration and short-duration bonds. When the yield curve is steep, it makes sense to take the higher volatility-risk of long-duration bonds, as investors are compensated by higher returns. However, when the yield curve is flat investors are better off holding short-duration bonds […]

Read More

China’s Market

After years of “Will they? Won’t they?” back and forth, on June 1, 234 of China’s domestically-listed A-shares will be included in the MSCI Emerging Markets index. The immediate inflows driven by this move will be small, amounting to roughly US$13bn in 2018. Nevertheless, the inclusion of China’s onshore stock markets in the MSCI EM […]

Read More

Japan’s 1Q GDP Contraction #jpy #usdjpy

Japan’s longest run of growth since the 1980s has come to an end. After eight consecutive quarters of growth, data released on Wednesday morning showed that the Japanese economy contracted in the first quarter. For investors, the question is whether this contraction will prove a short-lived blip, or whether it marks a decisive turn for […]

Read More
X