Global Clients, Global Portfolios
Research commentary published April 2013 – September 2017
3 entries · October 17, 2014 to February 18, 2015
February 18, 2015 · by James C · Filed under Investing Ideas
Leading indicators show tentative signs of stabilization (relative PMIs), and there is still substantial pent up demand (savings ratio of 13% and net investment is 1/3 its normal levels). Bank balance sheets have stopped contracting and money supply is now…
November 10, 2014 · by James C · Filed under Big Picture View
The October 31st announcements from the Bank of Japan, and the resulting moves in the Yen and Japanese equities, reemphasize the impact that central banks and monetary policy can have on markets and portfolios. When central banks are involved in…
October 17, 2014 · by James C · Filed under Weekly Chart Book
Europe is leading a worldwide rout of equities. While a myriad of headlines have contributed to the gloom, negative investor sentiment began to surge in earnest on October 2nd, when European Central Bank President Mario Draghi stopped short of quantifying…