trading

trading

Thursday 30 August 2018

'It’s official. By one widely accepted definition, we’re now living through the longest bull market in US history. The S&P 500 marches on, now having gone a record 3,452 consecutive days without declining 20%. That beats the old record-holding bull market that ran from 1990–2000'

The S&P celebrated last week by touching all-time highs for the first time since late 
January. Nothing can stop US equities lately: In the last few months they’ve 
shrugged off news of trade wars, the Trump investigation, emerging markets 
contagion, and a 20% plunge in Facebook (FB).
It’s not just American stocks flexing their muscles. The US dollar is also ripping to
2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed
continues to raise interest rates, while most other central banks around the world
are either standing pat or easing.
As Real Vision subscribers know, the dollar is the “key to everything.” Dollars
grease the wheels of global finance. When they are cheap and plentiful, markets
tend to be calm and happy.
But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging
market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian
real, are getting annihilated. EM stocks have been tough to own as well. The
popular ETF VWO has tanked about 20% since January, putting it in official bear
market territory.
The S&P celebrated last week by touching all-time highs for the first time since late 
January. Nothing can stop US equities lately: In the last few months they’ve 
shrugged off news of trade wars, the Trump investigation, emerging markets 
contagion, and a 20% plunge in Facebook (FB).
It’s not just American stocks flexing their muscles. The US dollar is also ripping to
2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed
continues to raise interest rates, while most other central banks around the world
are either standing pat or easing.
As Real Vision subscribers know, the dollar is the “key to everything.” Dollars
grease the wheels of global finance. When they are cheap and plentiful, markets
tend to be calm and happy.
But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging
market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian
real, are getting annihilated. EM stocks have been tough to own as well. The
popular ETF VWO has tanked about 20% since January, putting it in official bear
market territory.
The S&P celebrated last week by touching all-time highs for the first time since late 
January. Nothing can stop US equities lately: In the last few months they’ve 
shrugged off news of trade wars, the Trump investigation, emerging markets 
contagion, and a 20% plunge in Facebook (FB).
It’s not just American stocks flexing their muscles. The US dollar is also ripping to
2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed
continues to raise interest rates, while most other central banks around the world
are either standing pat or easing.
As Real Vision subscribers know, the dollar is the “key to everything.” Dollars
grease the wheels of global finance. When they are cheap and plentiful, markets
tend to be calm and happy.
But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging
market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian
real, are getting annihilated. EM stocks have been tough to own as well. The
popular ETF VWO has tanked about 20% since January, putting it in official bear
market territory.
The S&P celebrated last week by touching all-time highs for the first time since late 
January. Nothing can stop US equities lately: In the last few months they’ve 
shrugged off news of trade wars, the Trump investigation, emerging markets 
contagion, and a 20% plunge in Facebook (FB).
It’s not just American stocks flexing their muscles. The US dollar is also ripping to
2018 highs, driven by the Federal Reserve’s monetary tightening. The Fed
continues to raise interest rates, while most other central banks around the world
are either standing pat or easing.
As Real Vision subscribers know, the dollar is the “key to everything.” Dollars
grease the wheels of global finance. When they are cheap and plentiful, markets
tend to be calm and happy.
But a rapidly rising dollar can cause a lot of pain, as any investor holding emerging
market assets will tell you. Many EM currencies, like the Turkish lira and Brazilian
real, are getting annihilated. EM stocks have been tough to own as well. The
popular ETF VWO has tanked about 20% since January, putting it in official bear
market territory.

Monday 13 August 2018

Even though Turkey is a small country, with global markets still on tenterhooks economically, could this provoke a domino effect?

With yet another country to face a currency crisis, this time in Turkey, the European Central Bank is getting increasingly concerned about the exposure of some banks in the region -- specifically from Spain, Italy and France. Meanwhile, Asian markets are selling off as the rout spreads. Perhaps Turkey will become another country to become bitcoinized, much as we have seen over in South America.