There were two barely noticed but significant comments on inflation in July – the first was the Fed removal of the suggestion that current low levels of inflation were transitory. Janet Yellen said: “We are watching inflation very carefully, . . .I do believe...
Following a month in which Argentina saw its 100 year bond issuance 3x oversubscribed and a yield of close to 8%, it was notable that Asian bonds saw a waning of interest this month. July 25 saw a withdrawal of three deals due to a poor pricing environment and anemic...
As the second half of the year opens the same geopolitical rumblings which have moved in and out of the news over recent months flared up again. The immediate catalyst was a missile test by North Korea that indicated an enhanced sophistication, and the upcoming G20...
We wrote a few days ago about the spread of investor activism that ultimately may have forced the Amazon/Whole Foods betrothal – pressure from an activist, Jana Partners, who ultimately benefited richly from the bid price. The shock (to some) decision by Travis...
It has been a very long awaited move indeed, but the MSCI finally confirmed that it would be adding Chinese A shares to the index (in a weight of 0.73%) and stocks reached an 18-month high in anticipation of greater flows. China has the second largest equity market in...
