Global Investing

Three snapshots for Tuesday

March 13, 2012

The German ZEW economic sentiment index for March smashed expectations, coming in at 22.3 against the Reuters poll of 10.0.  Over the last couple of years the German 10 year Bund yield has tended to track the ZEW, however this has broken down with yields staying below 2% despite the rebound in economic sentiment.

Two months rally + long markets = correction?

March 7, 2012

The debate in global financial markets is whether the new year’s rally is either just pausing or coming to an end.

Becoming less negative on Europe

February 21, 2012

Markets are unimpressed today by Europe finally agreeing to bail out Greece for the second time, with European stocks down -0.6% on the day.

Central banks and the next bubble

February 21, 2012

Central bank balance sheets are expanding at what some say is an alarming pace. Can this cause the next bubble to form and burst?

Hedge funds still lagging behind

February 20, 2012

How are hedgies performing this year?

The latest performance data from Nice-based business school EDHEC-Risk Institute shows various hedge funds strategies returned on average 1.46% in January, far behind the S&P 500 index which gained almost 4.5%.

Credit rally: Bubble or not?

February 20, 2012

Corporate bonds are back in vogue this year but how sustainable is it?

Just to highlight how bullish people have become, see following comments from fund managers:

Calling CCCs

February 17, 2012

Junk bonds have enjoyed a rally since the start of the year but investors are facing a dilemma.

Beneath the Greek bailout hopes…

February 17, 2012

Who’s tired of the ”Markets up on Greece, markets down on Greece” headlines of the past few weeks? (I am.)

A scar on Bahrain’s financial marketplace

February 16, 2012

Bahrain’s civil unrest — which had a one-year anniversary this week — has taken a toll on the local economy and left a deep scar on the Gulf state’s aspiration to become an international financial hub.