The US On Thursday, Federal Reserve Chair Jerome Powell delivered (virtually) a longanticipated speech at the Kansas City Fed’s Economic Policy Symposium, which is typically held in Jackson Hole, Wyoming. Powell announced the results of the central bank’s review of
As the global economy continued to inch back towards normality and equity markets recovered ground, most of our reported risk indicators declined in August. The realized volatility of the S&P 500, S&P Composite 1500, S&P Developed Ex-U.S. BMI and S&P
These are the dog days of summer in the northern hemisphere, with volumes across world equity markets at their seasonal lull. With August’s thinner-than-usual liquidity, we often observes spikes in volatility when events require that traders return to their desks
Eaton Vance Monthly Market Monitor presents a concise review of economic and asset class data through clear and impactful charts. Providing timely information across a broad array of markets and investment topics, this guide serves as a helpful resource in
Global Matters Weekly “Year 1862: amid the chaos of the American Civil War, the three gunslingers Blondie, Angel Eyes and Tuco (a.k.a. the Good, the Bad and the Ugly1 ) are competing to put their hands on a buried cache
After a bumper few months for equity markets, a recent report1 from Calastone, the global funds network, showed June was one of the worst months on record for outflows from UK equity funds. That follows positive UK market performance for
Europe and the U.S. Consider State Aid Is China’s Rebound Sustainable? Mortgage Rates Hit Bottom
Wall Street began last week on a negative note, with worries about the resurgence of the coronavirus across much of the US seemingly weighing on sentiment. Renewed shutdowns in California appeared to be a particular focus of worry, with indoor
How to sum up 2020 so far? A rollercoaster is probably the best way to describe it; both from an emotional perspective but also in terms of what the markets have been up to. Over the first quarter, market participants
For the quarter ended June 30, 2020, the Bloomberg Barclays U.S. Aggregate Bond Index returned 2.90%. Year to date, the index has returned 6.14%. U.S. Treasuries returned 0.48% during the quarter as the yield on the 10-year U.S. Treasury declined
Key points Stocks wrapped their best calendar quarter since 2009 during June as many economies continued their way out of lockdowns imposed to control the expansion of COVID-19. The STOXX® Global 1800 Index rose 2.7% in dollar terms during the
Key points A genuine gap is emerging between the US and Europe on the pandemic front So far differences in policy initiatives on either side of the Atlantic have made up for this short-coming Interdependency of virus control, policy and
Stocks snapped a three-week winning streak as markets sank sharply last week.1 Worries about an uptick in coronavirus cases, the Federal Reserve’s downbeat assessment of long-term economic growth and President Trump’s declining poll numbers all contributed to negative sentiment. But
For those of you that don’t know, this Friday is the midpoint of summer and as I have a Swedish partner this means there will be a celebration. Midsummer, or Midsommar in Swedish, is an annual celebration in Sweden which
For the month ended May 31, 2020, the Bloomberg Barclays U.S. Aggregate Bond Index returned 0.47%. Year to date, the index has returned 5.47%. U.S. Treasuries returned -0.25% during the month as the yield on the 10-year U.S. Treasury rose
Key points Bad news on the pandemic front triggered some measure of market turmoil last week. Contagion from equity to credit market was limited though. Central bank support shows. We take a look at money supply growth. It may ultimately
The Special Situations strategy went through a roller coaster since February. Typically, due to their long structural market beta, managers tend to underperform in risk-off episodes. However, as they also tend to look beyond short-term volatility, they usually rebound faster.
After a strong rally from the March lows, equity markets have been range-bound. Investors are weighing hopes of a recovery against fears of a “second wave” of virus cases, high valuations, and US-China trade tensions. In this letter, we offer
Weekly Economic Commentary I grew up on the South Side of Chicago in the 1960s. The latter part of the decade was a challenging time for our city, and for our country. I lived close to the University of Chicago,
Macroeconomic policy has undergone a necessary revolution in just three months, but this is a slippery slope without proper guardrails. The key to the policy response has shifted to ensuring successful execution and avoiding policy fatigue before the shock passes.
Upside surprises in labour market data appeared to drive much of last week’s positive sentiment. Stocks rose sharply on Wednesday, following a much smallerthan-expected decline in ADP’s tally of monthly payrolls. The payroll processing firm reported that private sector jobs
The rebound in equity markets extended into May. The impact of the COVID-19 pandemic continued to dominate markets, with an increasing focus on how countries would begin to relax their lockdown measures and how this would affect the economy. Volatility
Against a rapidly changing investment landscape, and with bond yields at ever lower levels, it would be unwise to rely solely on observed historical data to inform expectations about future cross asset class returns. We believe that robust scenario testing
Eaton Vance Monthly Market Monitor presents a concise review of economic and asset class data through clear and impactful charts. Providing timely information across a broad array of markets and investment topics, this guide serves as a helpful resource in
Investors need to manage risk to take a breather and observe the shifting global economy, says our expert #Norman_Villamin in the Hong Kong Economic Times. Read on.
First of its kind biodiversity tool for investors announced - via @AdviserVoice https://www.adviservoice.com.au/2020/09/first-of-its-kind-biodiversity-tool-for-investors-announced/
