#1 US markets continue to hit new highs Looks like the party will continue so long as the US and China continue to play nice. Considering that the US 2020 Election is around the corner, a strong stock market will certainly help Trump to claim that he is the man for the job!!! https://www.reuters.com/article/us-usa-stocks/sp-500-posts-biggest-weekly-percent-gain-since-september-amid-data-trade-optimism-idUSKBN1YO1DG https://www.cnbc.com/2019/12/20/trump-and-xi-sparked-a-santa-rally-that-should-continue-into-new-year.html … Continue reading Weekly Highlights 22 Dec: Trump is indeed good for the economy!
#1 BOA predict ETF asset to surge to $50t by 2030 The current size of the US ETF assets stands at $4.3 trillion, of which more than $3 trillion are invested in index-tracking ETF, i.e. passive investing. If the market continues to grow at its current rate, the US ETF asset is expected to hit … Continue reading Weekly Highlights 15 Dec: Passive investing to push US ETF asset over $50 trillion by 2030?
#1 US Economy continues to post strong job growth numbers You got to own both the good and the bad when things happen in your country. And it seems, for now, the economy continues to hum along despite a few scares a couple of months. The US posted the strongest job growth numbers in November … Continue reading Weekly Highlights 8 Dec: Trump is good for the economy?
#1 Buffett sitting on $128 billion in cash Well, when the Oracle of Omaha always pays fair value for his acquisitions. And the recent rally in the stock market seems to suggest that investors are willing to pay a premium to be in the market. Is the market getting too hot for Buffett? https://www.cnbc.com/2019/11/29/buffett-sitting-on-128-billion-raises-questions-on-market-valuation.html … Continue reading Weekly Highlights 1 Dec: Is holding cash the optimal strategy now?
#1 Fear-mongering is real That is the feeling that I am getting. The article commented that the S&P 500 and the VIX, which is a measure of expected volatility, was moving in unison at times. More importantly, this resulted in a positive 10-day rolling correlation between the S&P 500 and the VIX, an event that … Continue reading Weekly Highlights 24 Nov: Volatility and market move in tandem = market snap?