US equities

In the World, World economy 14th October 2020

US Equities Are Showing Buoyancy In October

After a lackluster September, US equities are showing buoyancy in October. The NASDAQ 100 Index is up over 2.7% while the S&P 500 Index is up over 3.4% month-to-date[1]. While markets were initially disappointed by delays in the much-awaited US fiscal stimulus, it appears that they are now beginning to price in the strong impact it can have whenever it comes – before or after the US presidential election. Which assets stand to benefit and how could investors position themselves?

World economy 10th May 2020

US Stocks To Be Relative Winners In A Post-Covid-19 World

Patrik Lang, Head Equities (Julius Baer) | We have downgraded eurozone equities to Underweight given slower earnings recovery expectations, increasing political risk and unfavourable sector exposure. In our view, relative valuations do not fully reflect these negatives. On the other hand, we have upgraded US equities, which should benefit from a relatively fast post-Covid-19 recovery.

Markets 22nd November 2019

A weak USD may signal a shift to non-US equities

As Peter Kinsella, UBP’s global FX strategist highlights, the US dollar bull market has likely run its course as we enter 2020. Indeed, since 1995, long-cycle inflections in the US dollar exchange range have coincided with long-cycle under/outperformance of US equities relative to non- US equities.

Markets, World economy 31st October 2018

US Equities: Results Well Ahead Of Demanding Expectations

Q3 earnings season has been strong virtually all over the place, well above expectations, and consensus forecasts move up. According to analysts at Julius Baer, “equity weakness continues to be driven by performance protection and money flow rather than fundamental factors.”

US equities shine despite war trade fears

World economy 9th September 2018

US Equities Shine As Trade War Worries Grow

Global equities have held up fairly well in light of the generally negative news flow, entirely driven by the United States, where stocks are up 9.6% year to date, while the euro area, Japan and emerging markets have underperformed. In this context, the Research team from AXA IM points that earnings momentum remains “robust” with the second quarter earnings season posting “positive growth” and “surprising” on the upside across most major regions.

Markets, World economy 21st February 2018

US Means Over 50% Of Global Market Cap, But Not 50% Of The Opportunities

The collapse in the “greed index”, the exchange traded note XIV that was an inverse of the VIX, was behind the speed and magnitude of the drawdown in equities over last weeks, but was simply amplifying an existing fragility that has grown out of the post GFC obsession with low volatility. This is just “market mechanics”, as explained by Mark Tinker Chief Economist at AXA IM Framlington Equities Asia in one of his last notes.

Markets 5th August 2017

September is traditionally the worst month on average for stock markets

ATL Capital |For most people, the summer is a time for relaxing and taking a well-earned break from work. But it can also bring instability and suprises in the stock markets. While August has been a negative month for investments for the last eight years, it’s September which is traditionally the worst summertime month.

Markets 25th October 2014

Ready for a strong dollar?

MADRID | The Corner | The dollar is set to rise, mostly as monetary policies of the Fed, ECB and BoJ are set to diverge dramatically, the greenback trend being intact and the cheap valuations, analysts at Barclays commented.