Barron's: The Euro Is Due for a Rebound

By SIMON CONSTABLE

The euro looks set to bounce.

The rebound will come once investors perceive that the European Central Bank is becoming more assertive in managing the common currency area’s monetary policy.

“It’s not yet priced into the financial markets,” says Axel Merk, founder and chief investment officer of money management firm Merk Investments. Read more here.

Forbes: Jeremy Corbyn A Bigger Threat To London Than Brexit

By SIMON CONSTABLE

Move over Brexit, the biggest threat to London's status as Europe's leading financial center is now Jeremy Corbyn, the leader of Britain's increasingly left-leaning Labour Party. Read more here.

Jeremy Corbyn

Photo by David Martyn Hunt from Warwick, UK,

 CC BY 2.0 <https://creativecommons.org/licenses/by/2.0>, 

via Wikimedia Commons

Korn Ferry: The United Nations’ Entourage

They descend each fall into New York City, ambassadors and consuls attending the annual United Nations General Assembly. And as they give speeches and make headlines, each dignitary comes along with a retinue of diplomats, helpers, and hangers-on—a little noticed but key entourage. Read more here.

Forbes: Why The Mid-term Elections Means Stocks Will Surge

By SIMON CONSTABLE

Smart investors should consider buying stocks now.

The reason is that the market usually does far better in the fourth quarter (October through December) in years when there is a midterm election than when there is not one, new research shows.  Read more here.

Barron's: Turkish Stocks Might Be Ready for A Bounce -- If You Hurry

By SIMON CONSTABLE

There’s potential for some trading profits in Turkey.

 

So far this year Turkey’s stocks and currency have taken a hammering. But the recent stabilization of the Turkish lira may be paving the way for a bounce in stocks. “We think that the lira has fallen so much that it has gone from overvalued to undervalued and now is cheap from a fundamental perspective,” says Sergi Lanau, deputy chief economist at the Washington D.C.-based Institute of International Finance. 

Read more here.

Photo by Meg Jerrard on Unsplash

Korn Ferry: Do We Really Need To Meet Again?

By SIMON CONSTABLE

It sounds like something out of a Dilbert cartoon—having a meeting about a meeting—but it happens more often than many leaders want to admit, and this week it’s happening at the highest echelons of government.

Starting Wednesday, leaders in the European Union will be meeting in Austria to decide whether they should have another confab in mid-November. Blame the negotiations over Brexit, Britain’s exit from the EU bloc, for the sudden proliferation of such gatherings. This week’s effort will be an additional meeting to the already scheduled regular one for mid-October. The October date is considered too soon to expect any progress in the wrangling over how the EU and United Kingdom will interact with each other after the split. Read more here.

Korn Ferry: Beyond Theresa May

The talk is gettering louder—months after questions about Britain’s Prime Minister Theresa May’s tenure first made news. Now, the opposition Labour Party claims it could come into power by year-end, forcing even skeptical UK executives to consider what that might mean to their business—particularly the HR side of it. Read more here.