If the dollar gets stronger, it won’t be good news for emerging market assets
The weak dollar of the past few months has been a boon to emerging market assets. It has made the dollar-denominated interest payments that many companies in these economies need to make cheaper in local currency terms. It has helped support financial assets in...
China’s exports get hit by coronavirus disruption in the rest of the global economy
We won't know until March 31 when he purchasing managers' indexes for China are released but it looks like China will see its first quarterly contraction of its economy in decades and the weakest year since 1976. The problem is that just as Chinese factories are going...
Selling emerging markets short ETF EUM out of my Volatility Portfolio
I don't know whether you've been able to hear it over all the other market noise--All the shouting on Brexit, for example--but there is a distinct and increasingly loud call from Wall Street that 2020 is the year to get back into emerging market assets. I don't happen...
Saturday Night Quarterback (on a Sunday) says, For the week ahead expect…
... central bank week. The Federal Reserve announces changes to U.S. benchmark interest rates on Wednesday, December 11. The central bank is expected to keep rates at current levels. The European Central Bank meets a day later, on Thursday, December 12. It too is...
People’s Bank adds $126 billion in liquidity to Chinese economy
With China's economy expected to slow further in September after poor results in July and August, the People's Bank of China cut the amount of cash that banks must hold as reserves to the lowest level since 2007. Â The required reserve ratio for all banks will be...
Step #3 Adding more risk hedges in my Special Report on getting ready for the next Big One
As I wrote in my August 26 post "Risk and uncertainty soared on Friday--and not for the reasons you might first think" I think that Friday's retaliatory tariffs from China and then the Trump administration's retaliation to the retaliation--plus rhetoric from President...
Selling Emerging Markets ETF out of my ETF Portfolio on Monday
In an ideal world, I would have finished my Special Report on the Crisis in Global Capitalism On my subscription JubakAM.com site by now so I could place this sell--and the coming buy of a Treasury ETF--in the context of that crisis. But this isn't an ideal world....
Adding more Utilities, cutting Emerging Markets in ETF Portfolio
Now that the Federal Reserve has decided to slow the pace of its interest rate increases in 2019--perhaps ultimately all the way to one or none--I think it's time to up the utilities exposure in my Perfect 5 ETF Portfolio. Especially since in this market I'm looking...
Overnight S&P 500 futures show markets cheering Trump-Xi results
Just about everything was up in the overnight market. Asian stocks climbed. So did the Australia dollar and the Chinese yuan. And, importantly for U.S. investors, the S&P 500 index futures gained 1.5% in overnight trading. Emerging market currencies were all...
Trump and Xi agree trade meeting was a “success”–time for a re-post of my 5 picks for the “bigger bounce”
The results are good enough. At their dinner meeting at the Group of 20 meeting in Buenos Aires U.S. President Donald Trump and Chinese President Xi Jinping made enough progress to take more of the risk of a U.S.-China trade war out of global financial markets. I...
Stocks climb on news that U.S. and China talking again on trade
It's certainly a long way from here to an agreement on trade between the United States and China, but news that the two sides are talking again has boosted stocks in New York. After all, there can't be any agreement if the two sides aren't talking and without some...Jim’s Stock Alerts
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