Why we are still bearish

-

The Treasury-Fed ‘Accord’ And Why Are We Still (Very) Cautious?

 

We have taken a lot of risk off. We fear stock markets are headed lower. Global Liquidity is already falling and slated to fall much further. Investors still have high exposure to equities within portfolios, and these levels, even now, are out-of-line with skidding economic activity. On top, we figure that the US authorities are getting far tougher about high street inflation and more focussed on controlling the domestic and international supplies of the US dollar. The dollar ‘wrecking-ball’ is already swinging.

 

 

See our latest published research, Global View – The Treasury-Fed ‘Accord’ And Why Are We Still (Very) Cautious? - April 2022

 

 

Comments

Post a Comment

Popular posts from this blog

China and Emerging Market Liquidity December Update: China, The US Dollar and Emerging Markets

-
China and Emerging Market Liquidity Update: China, The US Dollar and Emerging Markets   Emerging Market Liquidity conditions improved noticeably in November 2023, according to the jump in our EMLI™ index to a reading of 55.1. This rise was underpinned by buoyant cross-border capital inflows from foreign investors (index 68.6); an impressive rebound in private sector liquidity generation (index 54.1), reflecting signs of firming commodity markets, and further signs of easing by regional Central Banks (index 63.7), noticeably China (index 72.1). This provides a solid base for prospective EM stock market gains in 2024.       See our latest published research, China and Emerging Market Latest GLI™ – December 2023   For further information, please contact us at research@crossbordercapital.com  
Read more

Global Liquidity Latest: A Bigger Crash?!

-
Global Liquidity Latest: A Bigger Crash?! ·                 Central Banks are making a major error by hammering down too hard on the brake. World recession is inevitable   ·                 US 10-year Treasuries are worth buying on 3% yields, and given their prevailing yield cushion, high yield US corporates are not far off a 12-month break-even point     See our latest published research, Global Liquidity Latest – July 2022   IMPORTANT – Our email addresses are changing – emails from sender@liquidity.com will become sender@crossbordercapital.com from the 1st of July 2022. After this date emails to ANY email account ending in liquidity.com will NOT work. Please update your records before the 1st of July 2022. You may also receive a direct communication from your contact to this effect. Please feel free to contact us on info@crossbordercapital.com at any time about this change.
Read more