Sunday, February 26, 2023

Forbes.com: More News That Points To No Recession

By SIMON CONSTABLE

It's now more than half a year since Wall Street’s Cassandras warned of an imminent unavoidable recession. It still isn’t here and yet now there are signs of growing global strength, experts say.

“Signs outside of economic data suggest the economy may be doing better than headlines indicate,” states Adam Turnquist, chief technical strategist for LPL Financial. “One of those signs comes from copper, which is widely considered to be a leading indicator for global economic growth, given its extensive use across many sectors.” Read more here.

Bundles of Copper cathode
via Wikimedia Commons

Forbes.com: Weird Winter Weather Set To Send Wheat Prices Back Higher

By SIMON CONSTABLE

A combination of weather-related events looks set to cause sharp frosts that will hurt the forthcoming wheat crop, experts say. Read more here



Maurice FlesierCC BY-SA 4.0, via Wikimedia Commons


Saturday, February 25, 2023

Forbes.com: Sanctions On Russia Still Aren’t Working

By SIMON CONSTABLE

We’re just over a year into the Russia-Ukraine war, and yet the much-touted economic sanctions from the west seem to have had little effect on persuading the the Kremlin to back off. If anything the reverse is true.

That’s a shame because so far up to 300,000 people have died in the conflict, according to some estimates. And the sanctions have done nothing to help. Read more here




CC BY-SA 2.0, via Wikimedia Commons

Monday, February 13, 2023

Citywire: Risks loom large for high yield markets but there are also plenty of reasons to be optimistic.

By SIMON CONSTABLE

Most asset classes had a rough time in 2022 and high yield debt was no exception. As we come to terms with the new year, what is in store remains to be seen. However, there are both positives and negatives to consider.

The SPDR Bloomberg High Yield Bond ETF lost 12% last year – the worst performance since the global financial crisis. However, that doesn’t necessarily mean we are on course for a repeat. Read more here.