London House Prices Are Falling – Time To Buckle Up
London house prices fall in September: first time in eight years– High-end London property fell by 3.2% in year– House sales down by over a very large one-third – Global Real Estate Bubble Index – see table– Brexit, rising inflation and political uncertainty causing many buyers to back away from market– U.K. housing stock worth record £6.8 […]
Bitcoin Flash-Crashes On Russia ‘Ban’ Headlines
After weeks of uncertainty surrpunding Russia’s plans for cryptocurrencies, local news outlet RBC reports overnight that Bank of Russia is working with the country’s general prosecutor to block all exchanges offering Russians the opportunity to buy and sell cryptocurrency. As CoinTelegraph reports, first deputy of the central bank, Sergey Shvetsov, said during an international finance forum in Moscow: […]
US Dollar Uptrend Dented As Euro, Pound Find Reasons To Rally
The US Dollar finds itself down for a third straight day mid-way through the European session on Tuesday. The shift lower by the greenback seems to be due to forces beyond its control, as the underlying factors of the DXY Index’s recent rally – the rise in US Treasury yields on the back of Fed […]
Euro Gets A Bounce With ECB Help
The common currency edged up to a 1-week high versus the US Dollar today after hawkish commentary overnight from one European Central Bank policymaker helped to solidify bets that the economic outlook for the Eurozone remains robust. Sabine Lautenschlaeger of the ECB’s executive board commented that asset purchases should be rolled back next year. The […]
How We Came To Develop An Ex-State-Owned Emerging Markets Index
On last week’s podcast, we spoke to Tim Reynolds, emerging markets portfolio manager at Employee Retirement System (ERS) of Texas. Reynolds has worked in investment management for 25 years. His start was in real estate investing, managing REIT portfolios, before he gravitated to domestic growth investing, where he would look for management tone changes in evaluating opportunities. […]
November BOE Rate Hike Expectations Rise Following ONS Inflation Error
Unit Labour Cost Revised Higher The chances of a UK interest rate rise are thought to have increased in light of the admission of an error by the Office for National Statistics (ONS). The ONS erroneously reported last week that the unit labour cost, which is the cost of employment per worker, grew at […]
3 Strong Buy Dreyfus Mutual Funds For Increased Returns
With nearly $252 billion of assets under management as of Dec 31, 2016, Dreyfus Corporation is considered one of the leaders in the investment management and distribution domain in the United States. Founded in 1951, the company invests its assets in mutual funds from different categories, including both equity and fixed-income mutual funds. Separately, its […]
Homebuyers’ Mortgage Payments Rising Faster Than Prices
from CoreLogic — this post authored by Andrew LePage Low mortgage interest rates helped soften the blow of rising prices for homebuyers over the past six years. But with prices still rising and mortgage rates running about half a percentage point higher than last summer the mortgage payments that many homebuyers face have increased at roughly […]
Technically Speaking: Extremes Everywhere (COT Update)
This past weekend, I discussed what appears to be the markets ongoing melt-up toward its inevitable conclusion. Of course, that move is supported by the last of the “holdouts” that finally capitulate and take the plunge back into a market that “can seemingly never go down.” But therein lies the danger. To wit: “However, it should be noted that despite […]
Replicating Indexes In R With Style Analysis: Part I
In the quest for clarity in portfolio analytics, Professor Bill Sharpe’s introduction of returns-based style analysis was a revelation. By applying statistical techniques to reverse engineer investment strategies using historical performance data, style analysis offers a powerful, practical tool for understanding the source of risk and return in portfolios. The same analytical framework can be used to […]
