Jackson Hole in Wyoming has become a symbol of post-pandemic western capitalism
Market Report 31-08-21 Jackson Hole, a skiing valley in the state of Wyoming and home to many areas of outstanding natural beauty, has become a symbol of post-pandemic Western capitalism. The Jackson Hole Economic Symposium is a meeting of “economists, financial market participants, academics, U.S. government representatives and news media to discuss long-term policy issues […]
Financing companies with borrowed money has been unlikely hero during pandemic era
Market Report 28-08-21 Debt – the financing of companies with borrowed money – has been an unlikely hero during the pandemic era. Particularly, distressed debt, which involves lending to companies that have bad balance sheets, are defaulting on debt covenants or are nearing bankruptcy, has performed extremely well. According to Eurekahedge.com, their Distressed Debt Hedge […]
Cryptocurrency mining is the process how new cryptocurrency enters into circulation
Market Report 25-08-21 The process of ‘global warming’ and climate change is the ecological paradigm of the early 21st century. In the press, it tends to be recycled in summer seasons as the world observes devastating forest fires, volatile weather patterns and heatwaves. In the financial press, however, headlines have been dominated by cryptocurrency mining. […]
Estimated 4.8% increase in GDP during Q2 following the easing of COVID-19 restrictions
Market Report 13-08-21 On 12/08, the Office for National Statistics released their second quarter (Q2) estimate for U.K. Gross Domestic Product (GDP) from April through June 2021. GDP is the total monetary value of all finished goods and services produced domestically by a country for a specific time period. As a broad measure of a […]
Consumer Price Index summary most proxied measure of inflation in Western economies
Market Report 12-08-21 Yesterday, the U.S. Bureau of Labour Statistics released its Consumer Price Index summary for the month of July – the most proxied measure of inflation in Western economies. Prices rose 5.4% for American consumers relative to last July, the same increase seen year on year in June – indicative of the fact […]
China cracking down on overseas listings of Chinese companies
Market Report 10-08-21 Following up on William John’s analysis of Didi Chuxing’s listing on the New York Stock Exchange (NYSE) a few weeks back, markets are moving fast. Chinese financial regulatory authorities, including the China Securities Regulatory Commission and the Cyberspace Administration of China, are cracking down on overseas listings of Chinese companies, data protection […]
Tobacco company Phillip Morris still thriving in an increasingly health-conscious world
Market Report 09-08-21 International tobacco company Phillip Morris, which owns the famous Marlboro brand, has been making headlines in recent weeks. With a market capitalisation of over $150 billion and annual net revenue of $28.6 billion in 2020, the company is still thriving in an ever increasingly health-conscious world. Assessing their stock price over the […]
International commodities sector has bounced back from the pandemic in style
Market Report 31-07-21 Following their Big Tech counterparts with earnings releases, the international commodities sector has bounced back from the pandemic in style, on the back of a resurgence in a variety of consumer demands for hydrocarbons and raw materials. Looking at Royal Dutch Shell (“Shell”), the company announced on 28/07 that it was raising […]
COVID-19 has moved populations around the world to digitalised markets
Market Report 30-07-21 COVID-19 has moved populations around the world to digitalised markets. As a result, digital advertising and other digital services have skyrocketed in demand and value. This has been most notably exhibited by the rise of Zoom – a video teleconferencing software program which approximately this time in 2019 had a trading stock […]
Steady market gains highlight increase in investor confidence in Western economies
Market Report 29-07-21 This week, Western capital markets remained relatively untouched. The major Western equity indices: the S&P 500, FTSE 100 and STOXX 600 have all steadily climbed over the past week or so: Source: William John Analytics, Yahoo Finance Whilst in the bond markets, the yield on the 10-year Treasury bond, which moves inversely to […]
OPEC and its allies (known as OPEC+) agreeing to increase oil production
Market Report 23-07-21 This week, there was a major announcement in the commodity markets with OPEC and its allies (known as OPEC+) agreeing to increase oil production. The cartel, which includes Kuwait, Russia, Iraq, Saudi Arabia, and the United Arab Emirates, will raise oil production by 400,000 barrels per day from August and by 2,000,000 […]
Vaccines long considered endgame for COVID19 not proving as final as thought
Market Report 22-07-21 Building on analysis from last week’s report, the path ahead for equity investors is becoming more and more uncertain. Vaccines, long considered the endgame for the COVID-19 business cycle, are not proving as final as once thought. At the start of the week (19/07), the European STOXX 600 – an equity index […]
Long term US government bonds rallied last month as investors seek stable investments
Market Report 16-07-21 Long term U.S. government bonds have rallied over the past month as investors look for stable investments to secure their cash. Since 14/06: Source: William John Analytics, U.S. Department of the Treasury Yield, which moves inversely to a publicly traded bond price, move upwards when a bond’s demand is low and downwards […]
Wise formerly TransferWise completed the biggest direct listing in LSE History
Market Report 08-07-21 On Wednesday morning (07/07), Wise – formerly known as TransferWise – completed the biggest direct listing in London Stock Exchange History. A direct listing is a common alternative to an Initial Public Offering. The conventional IPO involves investment banks creating new shares for public sale and drumming up interest for them, offering […]
DiDi took significant hit to its market value on NYSE falling approximately 20%
Market Report 07-07-21 On 06/07, Didi Chuxing or “DiDi”, a Chinese vehicle hire company with over 550 million users across 400 cities (per businesswire.com), took a significant hit to its market capitalisation value on the New York Stock Exchange (NYSE) with its share price falling approximately 20 per cent as of 12:45pm EDT (Eastern Daylight […]