Unlike in 2022, the price of WTI is below where BTU Analytics currently calculates it could be, pointing to a disconnect between price and fundamentals. As stated earlier, the price of WTI did move up in September when Cushing stocks first moved below 22 MMbbls, but corrected and increased,...
Surges in the Tokyo market rely heavily on speculative activities by foreign capital amid the yen's depreciation, with foreign investors accounting for about 70 percent of the trading volume, and the rallies were largely driven by a few large-cap stocks. The market is prone to experience severe...
However, there was a sharp decline in demand for Champagne from the worldwide trade in the final few months of 2023, particularly November, as customers chose to run down stocks rather than ship more fizz from the sparkling wine appellation. Signs of a consumer-slowdown in Champagne consumption...
While fundraising across the APAC region remains muted at $24 billion as of Q3 2024, with the decline largely driven by a continued slowdown in the China private equity market, the story is not uniform: In Japan, 2024 is set to be a record year for private equity fundraisi...
According to the Everbright Securities Research Report, the recent rapid rise in gold prices is mainly due to the loosening of the Federal Reserve's liquidity expectations, and the decline in interest rates on US bonds has boosted investment demand. In the short term, fluctuating expectations of...
Unsystematic Risk: Also known as "specific risk," this risk is specific to individual stocks, such as a change in management or a decline in operations. This kind of risk can be diversified away as you increase the number of stocks in your portfolio (see the figure below). It represents ...
When the inevitable day comes when stocks enter abear market, it reflects a poor economy with growing unemployment, a slowdown in demand, and a decline in earnings. You Had Better Invest In Stocks For The Long Run Given that goods and services can't discriminate against people who invest in...
The NGDP shock was a knife wound to the US economy severe enough, all by itself, to cause the current recession. A priori, I’d expect the banking crisis to have made things even worse, but I see almost no evidence that it did. If it did reduce RGDP, why wasn’t the recession far...
However, this decline in AUD will make Australian exports cheaper and imports costlier. Gradually, Australia will start exporting more and importing less, due to its lower-valued currency. This will ultimately reverse the initial scenario. This is the self-correcting mechanism that occurs in the in...
For example, we favor UK government bonds. In the UK, where inflation has lagged the decline seen in other economies, the market has been pessimistic about UK government debt. We take a different view. In our analysis, the growth outlook appears bleak; consumer resilience is being te...