Discover and read the best of Twitter Threads about #WhatNext
Most recents (3)
FED policy week turned out disastrous despite delivering to expectation of 75 bps hike with guidance of another 100-150 points lift before end of 2022!
Then, why post-policy risk-off? Shift to rate cut cycle not an option in 2023-2024 (Fund rate >4%) to fight recession?…1/N
Then, why post-policy risk-off? Shift to rate cut cycle not an option in 2023-2024 (Fund rate >4%) to fight recession?…1/N
Equities of developed & emerging markets collapsed! S&P500 down at target at 3650 (low 3647) from mid-August high 4325 for >15% collapse at set focus zone 3650-4350!
US1-2Y yield curve at 4-4.25% and 10Y yield spike at 3.65-3.85% is tell-tale of medium term rate outlook…2/N
US1-2Y yield curve at 4-4.25% and 10Y yield spike at 3.65-3.85% is tell-tale of medium term rate outlook…2/N
What’s this week (17-21 August) in global & Indian financial markets?
Theme: Trump & FED dynamics continue to support “last mile” risk-on mode, while India fortunes stay mixed & nervous boxed between risk-neutral & light.
It’s good to avoid overweight on high-risk assets...1/N
Theme: Trump & FED dynamics continue to support “last mile” risk-on mode, while India fortunes stay mixed & nervous boxed between risk-neutral & light.
It’s good to avoid overweight on high-risk assets...1/N
NASDAQ mark-time at 10650-11350/11500 (close above 11K) is good beyond high 11126 for 11500-11850 (stop 10650)
S&P500 held steam above 3300 preparing for new high above 3393 towards peak 3500 (stop 3300)
DJIA in catch-up act lifting support at 27350-27500 for 28150-29568...2/N
S&P500 held steam above 3300 preparing for new high above 3393 towards peak 3500 (stop 3300)
DJIA in catch-up act lifting support at 27350-27500 for 28150-29568...2/N
Highlight on US equities (Q2/2020 to Q3) is from DJIA lifting base from 20500-20850 to 27150-27500, S&P500 from 2950-3000 to 3250-3300 and NASDAQ solid above 10K leaving pre-Covid high 9838 out of focus.
India equities stood to benefit from FPIs mood-shift from exit to buy...3/N
India equities stood to benefit from FPIs mood-shift from exit to buy...3/N
What’s this week in global financial markets in the final lap of July?
Global equities in slippery track on elevated terrain with sell-on-recovery urge, Treasury yields down from safe haven & dovish outlook, USD beaten down below big picture and Gold in unrelenting mode...1/N
Global equities in slippery track on elevated terrain with sell-on-recovery urge, Treasury yields down from safe haven & dovish outlook, USD beaten down below big picture and Gold in unrelenting mode...1/N
It’s not the time to give up when pump-priming fiscal stimulus is not yet over, high probability of FED moving policy rate to sub 0% and positive outcome on C-19 vaccines; on the downside, yet to get grip on C-19 impact on economy, livelihood and lives, still in the dark...2/N
NASDAQ losing steam at 9850/10000-10850/11000 (post high punch 10839) is fine while finding comfort at 10058-10503 and S&P500 in comfort mode at 3130-3393 despite last mile resistance force, while DJIA fail to hold at top-quartile 27100-29568 but feel good at 25500-27500...3/N
