Global Investing

from MacroScope:

Europe’s over-achievers and their fall from grace

November 24, 2010

Ireland's fall from grace has been rapid and far worse than that of its counterparts, even Greece. But life in the euro zone has still been one of profound growth, as it has for most of the other peripheral economies.

The best of all worlds for investors?

October 12, 2009

Could it be that equity and bond investors are living in the best of all worlds at the moment?

Something to show off

April 23, 2009

Top Chinese officials were busy showing off warships and submarines to celebrate the 60-year anniversary of their navy today, but they have something to boast about when it comes to their economy too.  It is, after all,  the world’s third largest.

from MacroScope:

Small credit for big depression

April 15, 2009

It took some time, and a lot of downward corrections to IMF GDP forecasts, before the current global economic downturn won the title of 'worst since the Great Depression'.

from Raw Japan:

Whither the yen — a withering yen?

February 27, 2009

The yen's fall against the dollar the past few weeks has been remarkably fast, and calculated from where it is now around 97.70 yen, the dollar has jumped nearly 9 percent this month, on track for its biggest such gain since August 1995.

A riot of a recession

November 7, 2008

Every month, the financial services company State Street studies the trillions of dollars in institutional investor money it looks after as custodian and tries to gauge where things stand. Over the years, it has come up with a map consisting of five different regimes, or moods, to reflect this. They range from the bullish “Liquidity Abounds” in which investors buy equities and focus on growth, to the uber-risk averse “Riot Point”.

Some shock, horror numbers from global stocks

October 20, 2008

Some mind-boggling numbers from the MSCI all-country world stock index, which is one of the broadest measures of how equity markets are doing and is a benchmark for many institutional investors. The index has some 2,500 companies in it from 48 developed and emerging economies.

Tick, tock to global recession?

October 16, 2008

Every month, Merrill Lynch asks a few hundred fund managers around the world what they think of the state of things. Not surprisingly, this month’s survey is probably the gloomiest yet. Everyone, says Gary Baker, the strategist charged with explaining the poll, is a macro bear suffering from hyper risk-aversion.

UK economy — too gloomy to chart?

September 18, 2008

During a briefing in the London office of Societe Generale this week, Alain Bokobza, head of European Equity and Cross Asset strategy, handed out a booklet containing series of charts and graphs to explain the bank’s latest multi asset portfolio for the fourth quarter.
Chart
As he explained the outlook for the UK economy, a chart on UK growth was discreetly missing from the booklet.

What about the Whigs?

September 1, 2008

pols.jpgAs Democrats and Republicans kick off the final countdown to the Nov. 4 election, strategists at U.S. investment bank Lehman Brothers have done some interesting data mining.