V or W?
V for vaccination
Hope that current economic growth levels will sustain in the fourth quarter
FED is likely to further help the markets
Need election over asap
Each next election is more destabilising then previous
Will democrats print more money than republicans?
Corona rebalancing economy is anti capitalist, public workers are far more secure
Corona rebalancing Federal and regional budget deficits need more debt financing
Various governments will be the main borrowers
Banks should do well in the environment when everybody needs credit despite lower margins
This will help to fix the holes in banks capital
But it is still quite alarming if one of bigger banks will fail
Equity and commodities prices reflect lower waccs and dollar printing
But oil is not responding to all the dollars that have been printed
OPEC plus pushed US to cut 2.4 mn boe day of shale oil, but more supply needs to come off
New sanctions on Azerbaijan are on political radars
Lower energy prices press down on inflation
IT and Technology impact also improves margins. New normal is back inflation will be low.
Recent Strategy Chart Art
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Choose A Country
Airlines: Tokyo stocks rise further on U.S. market strength The Japan Times 3 Popular Robinhood Stocks That May Go Bankrupt Motley Fool
| ARGENTINA: FTSE Russell downgrades Argentina stocks; Vietnam, Russia on watchlist for upgrade Reuters Nigerian stocks climb to more than 7-month high as yields sink Nasdaq
| AUSTRALIA: Asia stocks remain cautious to headline risk MarketPulse Stocks to Watch as Australia Unveils Expansionary Budget Bloomberg
| AUSTRIA: Evli teams up with Absolute Return Consulting to collaborate in Austria GlobeNewswire European Equities: Trump, Service PMIs, and Brexit Updates in Focus FX Empire
| BAHRAIN: Bahrain stocks second best in GCC last month ZAWYA Mideast Stocks - Factors to watch on September 20 ZAWYA
|
BELGIUM: Facebook and Belgium's Data Protection Authority Face Off in EU ... Equities.com European Equities: Trump, Economic Data, COVID-19, and US ... FX Empire
| BRAZIL: Looking Beyond China's High-Flying Tech Stocks? Try Brazil and India. Barron's Local Investors Discover Brazilian Stocks Seeking Alpha
| BRITAIN: UK Stocks-Factors to watch on Oct. 6 Reuters UK UPDATE 1-UK Stocks-Factors to watch on Oct. 6 Reuters UK
| CANADA: Stocks Gain Most in Almost Four Weeks; Yields Rise: Markets Wrap Yahoo Canada Finance Warren Buffett: Avoid Canadian Stocks at All Costs? The Motley Fool Canada
| CHILE: EMERGING MARKETS-Fiscal woes weigh on Brazil's real; Latam stocks track Wall St lower Reuters UK Chile protest marred as teenager falls from bridge amid police clashes Nasdaq
|
CHINA: China’s Economic Recovery Helps Drive Its Stocks Higher Wall Street Journal Global funds flee China’s equities, taking profit with outsize gains South China Morning Post
| COLOMBIA: EMERGING MARKETS-Fiscal woes weigh on Brazil's real; Latam stocks track Wall St lower Reuters UK EMERGING MARKETS- Brazil's real, Mexican peso outperform Latam FX; equities slide Yahoo Finance
| Consumer Entertainment: BUZZ-U.S. STOCKS ON THE MOVE-Cinemark Holdings, Eidos Therapeutics, DraftKings, AMC Entertainment Nasdaq UPDATE 2-Consumer stocks help UK shares end harsh week higher Reuters
| CZECH: European stocks struggle after strong day, as Citi advises underweight of the region MarketWatch CEE MARKETS-Stocks, currencies regain some ground on signs Trump's health improving Yahoo Finance
| DENMARK: ?Danish pension fund blacklists China, dumping €54m equities ... IPE.com AMGN: 4 Game-Changing Biotech Stocks to Buy Right NOW! StockNews.com
|
EGYPT: Azimut to launch fixed income fund in Egypt Daily News Egypt Saudi Stocks Recover to Lead Gains in the Middle East: Inside EM BloombergQuint
| FINLAND: Bank of Finland research looks at ECB's effects on eurozone equities Central Banking ?Varma to expand sustainable equities portfolio to up to €1bn IPE.com
| FRANCE: European Equities: Trump, Economic Data, COVID-19, and US ... FX Empire VALBIOTIS Integrates The EnterNext© PEA-PME 150 Index From ... ACROFAN USA
| GERMANY: European Equities: Trump, Economic Data, COVID-19, and US ... FX Empire European markets edge lower after Trump returns to White House Financial Times
| GREECE: European Equities: Trump, Service PMIs, and Brexit Updates in Focus FX Empire Dealmaking, Trump's health update boost European stocks Nasdaq
|
HONG KONG: US Equities Surge On Trump’s Return, Stimulus Hopes Action Forex Asia: Markets extend rally on stimulus hope, easing uncertainty The Business Times
| HUNGARY: Chart of the week: inside the Eastern European equities experience citywireselector.com CEE MARKETS-Stocks, currencies regain some ground on signs Trump's health improving Yahoo Finance
| INDIA: Fear not! Multiple charts show Indian equities in comfort zone Economic Times Trade set up for Indian equity markets for October 5, 2020 ET Now
| INDONESIA: EMERGING MARKETS-Indonesia's markets boosted by jobs bill as U.S. dollar weakens Nasdaq Meltdown memories grip Asean stocks as Indonesia slides The Star Online
| IRELAND: Five recent hires at Mediolanum in Dublin Funds Europe Magazine European Equities: Trump, Economic Data, COVID-19, and US ... Yahoo Finance
|
ISRAEL: Israel Stocks Lead Losses in the Mideast Amid Lockdown Woes BNN Qatar’s Equities Index Leads Gains in the Middle East: Inside EM BloombergQuint
| ITALY: European Equities: Trump, Economic Data, COVID-19, and US ... FX Empire Global sell-off drives European stocks to near three-month lows Reuters UK
| JAPAN: Suga rush is sour for some Japanese equities The Australian Financial Review Japan outperforms after Suga boost and strong Yen FT Adviser
| KAZAKHSTAN: Citi Awarded Mandate to Provide ETF Services for FinEx ETFs Business Wire AIX To Expand The List Of Exchange-Traded Notes With Exposure ... Exchange News Direct
| LEBANON: Global stocks mixed after Wall St rally ahead of US debate Lebanon Express Hezbollah chief tells France's Macron can't act like Lebanon's ruler Yahoo Finance
|
MALAYSIA: Foreign investors turn net buyers of Malaysian equities from Sept 7 to 11 Malay Mail Foreign funds sell nearly RM600mil of Malaysian equities New Straits Times Online
| MEXICO: EMERGING MARKETS-Mexican peso higher on investment plans, leads gains among Latam peers Yahoo Finance UK Stocks-Factors to watch on Oct. 6 Reuters UK
| NETHERLANDS: Trump returns to White House FXStreet European Equities: US Nonfarms, the COVID-19 Relief Bill, and ... FX Empire
| NEW ZEALAND: Australia shares tipped to follow global equities higher, NZ rises Nasdaq Asia stocks remain cautious to headline risk MarketPulse
| NIGERIA: Weekly Economic Index: Nigeria equities rise as oil prices dip below ... Ventures Africa Nigeria's equity market sees biggest gain in 5 months TheCable
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NORWAY: Norway wealth fund should up N. America equities – report Pensions & Investments Norway's SWF to shift €44bn equities across the Atlantic IPE.com
| OMAN: Event held to discuss outlook for European Equity Markets Times of Oman National Bank of Oman Brings in Global Expert for Online Event on European Equity Markets Al-Bawaba
| PAKISTAN: Why the future of the Pakistan Stock Exchange could be gloomy The Express Tribune Pakistan Stock Exchange PSX Closing Rates 05 Oct 2020 UrduPoint News
| PERU: EMERGING MARKETS-Fiscal woes weigh on Brazil's real; Latam stocks track Wall St lower Reuters UK Nigerian stocks climb to more than 7-month high as yields sink Nasdaq
| PHILIPPINES: Philippines Stock Investors Pin Their Hopes on Consumer Spending BNN Good news on COVID-19 front perks up PH stocks; index rallies by 2.61% INQUIRER.net
|
POLAND: The Polish IPO with a high price tag and even higher hopes Financial Times CEE MARKETS-Stocks, currencies regain some ground on signs Trump's health improving Yahoo Finance
| PORTUGAL: Euronext announces volumes for September 2020 StreetInsider.com European Equities: Trump, Economic Data, COVID-19, and US ... FX Empire
| QATAR: Qatar shares edger lower on weak buying support MENAFN.COM Qatar- Real estate, industrials and telecom counters witness high ... MENAFN.COM
| QATAR: Qatar shares edger lower on weak buying support MENAFN.COM Qatar- Real estate, industrials and telecom counters witness high ... MENAFN.COM
| ROMANIA: Chart of the week: inside the Eastern European equities experience citywireselector.com CEE MARKETS-Zloty at April lows as pressure on CEE FX stays Reuters
|
RUSSIA: EMERGING MARKETS-EMEA stocks buoyant, Russia's rouble leads FX losses Yahoo Finance Citi's Russia equities head departs for brokerage BCS Global Markets The TRADE News
| SINGAPORE: Singapore stocks fall at Tuesday's open; STI down 0.3% The Business Times Singapore shares fall at Monday's open; STI down 0.2% The Business Times
| SOUTH AFRICA: South Africa Stocks Fall as Trump’s Positive Test Spooks Markets Bloomberg South African Stocks Fall Amid Weakness in Naspers, Richemont Bloomberg
| SOUTH KOREA: Nomura identifies three factors that are fueling South Korean stocks CNBC Autos, financials and tech stocks help propel Asia markets to second day of gains MarketWatch
| SPAIN: Spain banking: Unicaja swims against the stream Euromoney magazine European stocks struggle after strong day, as Citi advises underweight of the region MarketWatch
|
SWEDEN: Sweden's big banks set for proposed 'risk tax' profit hit Nasdaq Schroders: Majority of long-term best-performing stocks are outside US Investment Week
| SWITZERLAND: Breakout Alert: 3 month price surge for Watches Of Switzerland Stockopedia Swiss Franc Strength Threatens Switzerland's Economy, Making Heavier Intervention More Likely Seeking Alpha
| TAIWAN: EMERGING MARKETS-S.Korean stocks sink 2% as virus concerns hit Asia Reuters Markets march higher for 3rd day; TCS zooms 7% on buyback plan Financial Express
| THAILAND: DWs enable access to US equities Bangkok Post Positive Trump test sends shares into tailspin Bangkok Post
| TURKEY: Turkey Bank Stocks Sink to Record Discount Amid Foreign Exit Bloomberg Lira's September Swoon Is No Problem for Turkey Stock ETF Flows BNN
|
UAE: Insurance stocks have a field day on UAE indexes Gulf News MIDEAST STOCKS-Major Gulf bourses gain as financials lead Nasdaq
| UKRAINE: Chart of the week: inside the Eastern European equities experience citywireselector.com Treasury Department Charges Russian and Ukrainian With ... Equities.com
| UNITED STATES: Tandem equities and safe havens FXStreet Blue wave election win to have mixed implications for equities – Goldman Sachs FXStreet
| VIETNAM: FTSE Russell downgrades Argentina stocks; Vietnam, Russia on watchlist for upgrade Reuters Natural Gas Gains 44% in Third Quarter: Stocks in Focus Nasdaq
|
Comment
Monthly performance is between 2020-10-01 and 2020-09-01
Best global markets YTD USA +6.51%, EFM ASIA +6.50%, EM (EMERGING MARKETS)-2.68%,
While worst global markets YTD EM LATIN AMERICA -37.30%, FM (FRONTIER MARKETS) -11.84%, EUROPE -10.32%,
Best global markets last month FM (FRONTIER MARKETS) +0.14%, EFM ASIA-2.49%, EUROPE-2.84%,
While worst global markets last month EM LATIN AMERICA -9.31%, USA -4.02%, EM (EMERGING MARKETS) -3.14%,
Challenging End Of Year For U.S. Equities Seeking Alpha US stocks rise as investors weigh latest comments on stimulus progress | Markets Business Insider US Stocks: Don't Stop Believing FXTM Value Stocks May Offer Best Prospects in Emerging Markets The New York Times Prognosis uncertain The Economist EMERGING MARKETS-EMEA FX gains, Russia's rouble among top weekly performers Reuters UK China’s stocks and currency rally as traders return from holiday Financial Times China stocks restart with a bang on data, Hang Seng Index retreats on virus South China Morning Post Mainland Chinese stocks surge as they return to trade; private survey shows China's services activity expanding CNBC European Equities: US Politics and Stimulus Talk to Test the Majors FX Empire European stocks and U.S. equity futures rise as American stimulus hopes stay alive MarketWatch European Equities: U.S Politics, Economic Data, and the ECB Minutes to Influence Yahoo Finance Why The Elections Aren't Moving Oil Prices OilPrice.com Oil Spikes After OPEC Claims ''The Worst Is Over For The Oil Market'' OilPrice.com Chevron Is Making Workers Reapply For Jobs OilPrice.com Steel prices marked up for the fourth month in a row The Hindu BusinessLine Steel costlier than Covid level after firms hike prices by Rs 2,000 a tonne Business Standard Steel companies hike prices by ?2,000 per tonne on improving demand outlook Business Insider India Gold prices today rise but down about ?6,000 from record highs, silver jumps Livemint India’s spot gold rate soars slightly despite drop in global rates Hindustan Times Gold rate today gains, tops Rs 50,500 on firm global trend Economic Times
Best last month among various countries' equity markets were NIGERIA +8.25%, JAMAICA +5.19%, LEBANON +3.94%, SAUDI ARABIA DOMESTIC +3.44%, DENMARK +3.20%, BOSNIA AND HERZEGOVINA +2.45%, PHILIPPINES +2.37%, VIETNAM +2.22%, KOREA +1.63%, KUWAIT +1.56%,
While worst last month among various countries' equity markets were COLOMBIA -15.55%, INDONESIA -11.91%, BRAZIL -11.59%, KAZAKHSTAN -9.77%, MAURITIUS -9.44%, POLAND -9.42%, AUSTRIA -9.30%, RUSSIA -9.01%, CZECH REPUBLIC -8.83%, NORWAY -8.43%,
Best YTD among various country equities were LEBANON +45.36%, DENMARK +26.20%, CHINA +14.50%, TAIWAN +11.63%, SWEDEN +7.81%, FINLAND +7.15%, USA +6.51%, TUNISIA +5.79%, NEW ZEALAND +5.44%, NETHERLANDS +4.95%,
While worst YTD among various country equities were COLOMBIA -48.03%, MAURITIUS -41.91%, BRAZIL -41.59%, GREECE -39.21%, TRINIDAD AND TOBAGO -35.21%, AUSTRIA -34.96%, JAMAICA -34.30%, HUNGARY -33.95%, TURKEY -31.15%, RUSSIA -30.86%,
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