The document discusses how macroeconomic and geopolitical news can impact financial markets. It provides examples of past market events driven by macro news and examines how different macro indicators like GDP growth, inflation, and central bank policies can influence markets in India. The document also notes that interpreting macro news and timing related market movements can be difficult given issues like data delays and revisions as well as unpredictable black swan events.
WealthTrust-Arizona - Inflation/Deflation: Harvesting the Inflation OpportunityWealthTrust-Arizona
Workshop presented by WealthTrust-Arizona & special guest Walt Czaicki, vice president and senior portfolio manager from AllianceBernstein.
Presentations highlights how a well-diversified mix of inflation-sensitive assets, which dynamically moves to exploit global growth and inflationary pressures, may benefit your portfolio.
WealthTrust-Arizona - Inflation/Deflation: Harvesting the Inflation OpportunityWealthTrust-Arizona
Workshop presented by WealthTrust-Arizona & special guest Walt Czaicki, vice president and senior portfolio manager from AllianceBernstein.
Presentations highlights how a well-diversified mix of inflation-sensitive assets, which dynamically moves to exploit global growth and inflationary pressures, may benefit your portfolio.
Central bank policy is proving increasingly ineffective, and now Europe and Japan have turned to negative rates. What's the impact on the US if the Fed must resort to similar measures?
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
Investing for Doctors | Q3 Market ReviewLFGmarketing
This report features world capital market performance and a timeline of events for the last quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the performance of globally diversified portfolios and features a topic of the quarter.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report concludes with the performance of globally diversified portfolios and features a quarterly article.
This was a particularly rough quarter overall, with Real Estate and Bonds being the only asset classes in the black.
A general overview of the past quarter's financial market performance. It includes performance of stocks and bonds by country, asset class, and a small newsletter titled "Should Investors Sell After a Correction?". Also includes market performance compared to recent headlines.
http://www.options-trading-education.com/24475/what-does-a-strong-dollar-mean/
What Does a Strong Dollar Mean?
The Fed is getting ready to raise interest rates and drive the U. S. dollar higher. One of many places where this is not good news is farm country. What does a strong dollar mean to farmers? It means less money from exports. Farm Futures says that a strong dollar hangs over the market.
Storms bypassed the Farm Progress Show site in Boone, Iowa, Monday, but left their mark in the futures trade, when wheat plunged to a new 10-year low, taking corn to new contract lows too. A strong dollar was partly to blame. The greenback is strengthening again this morning, leaving grain futures mixed following a Crop Progress report that showed corn and soybeans still in good shape.
Forty percent of world corn exports come from the USA. The USA is the world leader in soybean production at 34% and its leading exporter. The USA produces 8.5% of world wheat and has 15% of exports. The USA is the 4th ranking beef exporter at 11.56% of world market. All of these commodities are sensitive to the value of the US dollar in relation to other currencies. What a strong US dollar means to farmers is fewer exports and lower prices.
Oil and the US Dollar
When the dollar goes up the price of oil goes down, as valued in dollars. Reuters reports that oil falls on the strong dollar as well as a supply glut.
Trade talks still dominate sentiment with focus on US GDPHantec Markets
The outcome of the trade negotiations between the US and China will continue to impact on market sentiment this week, but the tier one US data will also be in focus with Advance GDP and the Fed's preferred inflation measure along with the forward looking PMIs all key. We look at the impact on forex, equities and commodities.
Greece negotiations and tier one US data key for traders this weekHantec Markets
Negotiations between Greece and its creditors (the IMF and the EU) continue, but as yet there is no deal. Greek claims
that a deal was close were swiftly rebuffed by the IMF, leaving Greece still without the final €7.2bn bailout tranche it
needs to pay €1.6bn of debt repayments owed to the IMF in June. However, it would appear a 5th June deadline (for a €300m repayment) is not actually a deadline at all. There is an IMF technicality that allows a lumping together of all
payments, to then be paid at the end of the month.
This brief slideshow discusses some elements necessary to recognize that our emotions and reactions to investing and markets often hurt results. Discipline and a focus on what you can control are important to success.
There is an investing approach that is based on discipline and evidence from research in both the finance and behavioral finance sciences.
Scheduled to post to Better Financial Education blog 11 Jan 2017 http://wp.me/p2Oizj-vH
What Bitcoin futures options tell us is that the options market is not predicting any substantial ups or downs out to June when the US will have to have dealt with the debt limit crisis or caused an international economic mess and a massive decline of the dollar.
https://youtu.be/4Diw9ZWNZg8
Central bank policy is proving increasingly ineffective, and now Europe and Japan have turned to negative rates. What's the impact on the US if the Fed must resort to similar measures?
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets.
The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.
Investing for Doctors | Q3 Market ReviewLFGmarketing
This report features world capital market performance and a timeline of events for the last quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the performance of globally diversified portfolios and features a topic of the quarter.
This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report concludes with the performance of globally diversified portfolios and features a quarterly article.
This was a particularly rough quarter overall, with Real Estate and Bonds being the only asset classes in the black.
A general overview of the past quarter's financial market performance. It includes performance of stocks and bonds by country, asset class, and a small newsletter titled "Should Investors Sell After a Correction?". Also includes market performance compared to recent headlines.
http://www.options-trading-education.com/24475/what-does-a-strong-dollar-mean/
What Does a Strong Dollar Mean?
The Fed is getting ready to raise interest rates and drive the U. S. dollar higher. One of many places where this is not good news is farm country. What does a strong dollar mean to farmers? It means less money from exports. Farm Futures says that a strong dollar hangs over the market.
Storms bypassed the Farm Progress Show site in Boone, Iowa, Monday, but left their mark in the futures trade, when wheat plunged to a new 10-year low, taking corn to new contract lows too. A strong dollar was partly to blame. The greenback is strengthening again this morning, leaving grain futures mixed following a Crop Progress report that showed corn and soybeans still in good shape.
Forty percent of world corn exports come from the USA. The USA is the world leader in soybean production at 34% and its leading exporter. The USA produces 8.5% of world wheat and has 15% of exports. The USA is the 4th ranking beef exporter at 11.56% of world market. All of these commodities are sensitive to the value of the US dollar in relation to other currencies. What a strong US dollar means to farmers is fewer exports and lower prices.
Oil and the US Dollar
When the dollar goes up the price of oil goes down, as valued in dollars. Reuters reports that oil falls on the strong dollar as well as a supply glut.
Trade talks still dominate sentiment with focus on US GDPHantec Markets
The outcome of the trade negotiations between the US and China will continue to impact on market sentiment this week, but the tier one US data will also be in focus with Advance GDP and the Fed's preferred inflation measure along with the forward looking PMIs all key. We look at the impact on forex, equities and commodities.
Greece negotiations and tier one US data key for traders this weekHantec Markets
Negotiations between Greece and its creditors (the IMF and the EU) continue, but as yet there is no deal. Greek claims
that a deal was close were swiftly rebuffed by the IMF, leaving Greece still without the final €7.2bn bailout tranche it
needs to pay €1.6bn of debt repayments owed to the IMF in June. However, it would appear a 5th June deadline (for a €300m repayment) is not actually a deadline at all. There is an IMF technicality that allows a lumping together of all
payments, to then be paid at the end of the month.
This brief slideshow discusses some elements necessary to recognize that our emotions and reactions to investing and markets often hurt results. Discipline and a focus on what you can control are important to success.
There is an investing approach that is based on discipline and evidence from research in both the finance and behavioral finance sciences.
Scheduled to post to Better Financial Education blog 11 Jan 2017 http://wp.me/p2Oizj-vH
What Bitcoin futures options tell us is that the options market is not predicting any substantial ups or downs out to June when the US will have to have dealt with the debt limit crisis or caused an international economic mess and a massive decline of the dollar.
https://youtu.be/4Diw9ZWNZg8
FY18 started on a very optimistic note for Indian financial markets. BJP had just scored a massive electoral victory in UP. This was widely assumed to mean that people and economy have moved on leaving the scar of Demonetization behind. The market participants were full of hope anticipating GST to be panacea for many economic ailments. The proposed New bankruptcy law, that was about to be passed by Lok Sabha, promised speedy resolution of NPAs. Analysts were very optimistic about earnings finally growing, after staying mostly flat for two preceding years.
The financial year has however ended on a rather cautious note with below par returns and considerably moderated expectations forFY19.
The popular commentary suggests that the participants are worried about a variety of factor. Some prominent of these factors could be listed as follows:
« Market Perspectives » est notre revue mensuelle des marchés. Elle présente de la façon la plus synthétique possible :
- notre analyse des principaux faits marquants et indicateurs macro susceptibles de dessiner les marchés sur le mois.
- notre vision sur les différentes classes d’actifs
Cette revue sera continument enrichie avec nos indicateurs quantitatifs.
La plupart de nos analyses sont disponibles sur www.finlightresearch.com
Our monthly publication “Market Perspectives” presents a synthetic view of all the asset classes we cover.
The report is composed of six sections covering Macro, Equities, FI & credit, FX, Commodities and Alternatives.
Each section is preceded by a summary of our views on the related asset class.
Most of our publications are available on our web site www.finlightresearch.com
Indian equities ended a very volatile month of February down 1.1% from the previous month on account of the Interim Budget, a preemptive military strike by India, slow recovery in earnings growth over the last two quarters, buzz around general elections, and receding tensions between US and China.
Read the full document to know more.
Quarterly overview of trends and driving forces in the US economy and Financial Services sector. Includes a number of key market metrics including economic indicators (S&P 500, interest rates, forex, ect.) and consumers measures (Synovate Financial Sentiment Index, etc).
The Bond Market, ILFS, ZEE and DHFL Crisis at TC2019Deepak Shenoy
Deepak Shenoy of Capitalmind.in presents at Traders Carnival TC2019 about the IL&FS Crisis, what's happening with ZEE, the issue at DHFL and a bond market primer.
A very basic run-through of the concepts around using quantitative strategies with fundamentals. Presented in a Quantinsti webinar on 21 Feb 2017 by Deepak Shenoy at Capitalmind.
Anil Ambani's Lawyers Send Legal Notice to Deepak ShenoyDeepak Shenoy
Deepak Shenoy received this letter on August 02, 2014 on email.
It was in response to a tweet about how Anil Ambani was to have been paid money for royalty by Reliance Power among others, for the ADAG brand.
The assertion is a fact, and has been seen in the Reliance Power IPO document.
SBI Life refuses to pay the insurance to Kavita Sharma, an aged widow, after her husband died. Said they returned the premium, but they did that two years after his death. Dragged the court case for six years.
Sun Pharma - Ranbaxy Merger PresentationDeepak Shenoy
SunPharma and Ranbaxy merge in 2014 to create India's largest and the world's fifth largest pharma company. The merger, which is all stock, will give Ranbaxy shareholders 0.8 Sun Pharma shares for each share they own.
Onmobile has an open offer from a promoter who will buy 10% for Rs. 47 cr. ($8 million) in February 2014. This is NOT a buyback but one promoter entity buying.
Deepak Shenoy presents at the Lean Startup Machine in Bangalore, April 2013. The presentation couldn't be completed on schedule, unfortunately. The slides are here.
Read the [long] article that explains these slides in Five Myths of Being a Financially 'Lean' Startup (http://capitalmind.in/2013/04/five-myths-of-being-a-financially-lean-startup/)
Please connect with deepakshenoy [at] gmail if you have any questions or comments.
Financial market and economic data: The Fifth ElephantDeepak Shenoy
Different kinds of visualizations of financial data, both stock market and economic. Presented at the Fifth Elephant,a conference on Data in Bangalore on July 28, 2012.
2. Markets and Macro
We’ll talk about
What the “Macro” picture means
Impact on markets
Specifics that apply to India
Questions: Raise your hand
3. Quiz
Why was the Nifty locked in Upper
Circuit, and closed over 20% up, on May
18, 2009?
4. Quiz #2
Why did the Nifty open at lower circuit and
then recover intraday on Oct 17, 2007?
5. Quiz #3
Why did the market crash to lower circuit in
May 2004?
6. Quiz #4
21 years ago, Within 2 minutes of hearing the
word “Regrettably”, US stock markets
fell, Bond yields rose, and oil went up $3 per
barrel.
Why?
7. What?
Elections
War
RBI regulations
News about macroeconomics, geopolitical
issues, market infrastructure impact
markets, sometimes dramatically.
8. Macro: Not Directly Related
News that isn’t related to a stock or sector
Political
Economic
Global
Natural Disasters
9. Market Impact
No Left
Perception Party in govt
Good thing
No P-
Fear Notes, FIIs Bad thing
will run away
War raises oil Bad thing
Prediction prices (Good for oil)
Euro will
Stupidity dissolve Bad thing
today
10. Indian Markets
GDP Growth
Data Released every quarter
IMF Makes “estimates” now and then
Data Revised Like Crazy
Inflation
WPI and CPI
Every Month
12. Market Macro
Market Wide
Index VIX Liquidity
Indicators
Exports And
FII Flows
Imports
13. Delays
Macro Data usually has a huge lag
Data appears months after it actually happens
Reactions to news is usually immediate
Despite potential future revisions
One time events like an Election result are
exceptions
14. Variable Impact
Macro impacts different markets differently
RBI raises Dollar
Banks Auto/IRS Exporters
rates Rate
Greece Exits Exporters Global Liquidity Broad
Euro to Europe Markets Issue Market
15. Can Be Painful
Michael Burry
Traded against Subprime Mortgages from 2005
Lost money for over two years!
Made a packet since that
Soros
Held a massive trade against the British Pound
Could have been wiped out by the leverage
Niederhoffer was
Long Term Capital was
Amaranth was