Beyond Bulls & Bears

Notes from the Trading Desk – Europe

Global equities traded weaker overall last week with much of the focus on the latest round of corporate earnings releases, which look good so far and were surprisingly positive. It was also a week where China widened its regulatory net on big technology companies, which weighed on market sentiment.

PODCAST: Anatomy of a Recession: Plateauing but Strong Economic Activity
Equity

PODCAST: Anatomy of a Recession: Plateauing but Strong Economic Activity

While US gross domestic product and earnings growth remain strong, we hear from Jeff Schulze, Investment Strategist at ClearBridge Investments, about three potential economic and market risks for the second half of the year. Plus, if a near-term equity market pullback occurs, learn why it may be a buying opportunity.

On My Mind – Inflation: Nothing to see here. Really?
Fixed Income

On My Mind – Inflation: Nothing to see here. Really?

Prices continue to climb, with the US CPI rising in June by the most since 2008. Financial markets seem to be unfazed, but businesses and consumers appear considerably less sanguine. In her latest “On My Mind,” our Fixed Income CIO Sonal Desai discusses why inflation may be less “transitory” than many expect.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Equity markets in the United States and Europe paused for breath last week as familiar themes dominated. US Federal Reserve (Fed) Chair Jerome Powell’s testimony at Congress was in focus and concerns over the COVID-19 Delta variant remained front and centre.

Quick Thoughts: Think Quantum with Cybersecurity
Perspectives

Quick Thoughts: Think Quantum with Cybersecurity

Our Chief Market Strategist Stephen Dover explores how quantum computers will soon unlock and slice through infrastructure and financial systems’ public key cryptography. Many cyberattacks are “Store Now, Decrypt Later” (SNDL) crimes, however, quantum computers will advance decrypting old data, now.

Quick Thoughts: Financial and Infrastructure Cybersecurity
Perspectives

Quick Thoughts: Financial and Infrastructure Cybersecurity

Cyberattacks are projected to exceed US$6 trillion in 2021, with growing threats to our financial systems and infrastructure. We are now entering a new era of the internet with accelerated computing power and innovations, such as quantum computing and artificial intelligence (AI), that threaten all current cybersecurity. Our Chief Market Strategist Stephen Dover offers his take.

K2 Advisors Third Quarter Hedge-Fund Strategy Outlook
Alternatives

K2 Advisors Third Quarter Hedge-Fund Strategy Outlook

Heading into the second half of the year, pandemic concerns are not completely in the rear-view mirror. The speed of recovery may vary among regions due to disparate global vaccine distribution leading to potentially divergent central banks policies, according to K2 Advisors. Brooks Ritchey and Robert Christian provide the team’s third quarter hedge-fund strategy outlook.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Even though we saw some selling pressure last week, it’s important to keep the moves in context. ]. With earnings season looming large, some profit-taking in often-crowded positions is not too surprising. We expect market volatility around commentary to be a key theme in the second half of this year.

On My Mind: Something Has to Give
Fixed Income

On My Mind: Something Has to Give

There are differing opinions for why US Treasury yields have suddenly dropped. In her latest “On My Mind,” our Fixed Income CIO Sonal Desai outlines three possible scenarios and the logical implications of each; in the current constellation of asset prices, she argues, something does not add up.

PODCAST: Cryptocurrency, Blockchain, and Digital Assets: Love ‘em, Hate ‘em, but Don’t Ignore ‘em
Perspectives

PODCAST: Cryptocurrency, Blockchain, and Digital Assets: Love ‘em, Hate ‘em, but Don’t Ignore ‘em

Our Chief Market Strategist Stephen Dover explores blockchain and digital assets through an equity-investor lens with Anthony Hardy and Christophe Vande Walle. They discuss the growing implications and why investors and asset managers shouldn’t ignore this space.

Why UK Equities Now?
Equity

Why UK Equities Now?

The global economy continues to recover from the COVID-19 pandemic, but some countries are opening up faster than others and experiencing greater degrees of growth this year. The United Kingdom is one that has seen a strong economic rebound, and its equity market has weathered the storm. But, with new uncertainties ahead—including the threat of inflation—is now a good time to invest in UK stocks? Ben Russon, Richard Bullas, Dan Green and Will Bradwell of our UK Equity team discuss.

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Global equities were mixed last week across the regions, reflecting unwinds and relative exposures to value versus growth. COVID-19 themes were evident as fears regarding the spread of the Delta variant hit investor sentiment given potential travel restrictions.