JP Morgan: De-dollarization
Key takeaways The U.S. dollar is the world’s primary reserve currency, and it is also the most widely used currency for trade and other international transactions. However, its hegemony is in question, especially in light of the ongoing Russia-Ukraine crisis. “The risk of de-dollarization, which is a periodically recurrent theme throughout post-war history, has […]
Visual Capitalist: The Top 50 Largest Importers In The World
The Top 50 Largest Importers in the World In 2022, global imports climbed to $25.6 trillion in value, or about the size of the U.S. GDP. As an engine of growth, global trade broadens consumer choices and can lower the cost of goods. For businesses, it can improve the quality of inputs and strengthen […]
John Hancock: Weekly Market Recap Week Ended November 24th
Growth’s big YTD lead With a little over a month left in 2023, U.S. growth stocks maintained a big performance gap over their value style counterparts—a sharp reversal from 2022, when value outpaced growth. Through Friday, a U.S. large-cap growth index was up 36.7% year to date on a total return basis; the return […]
Vanguard: Market Perspectives
Key highlights PROJECTED RETURNS Vanguard’s outlook for financial markets Our 10-year annualized nominal return and volatility forecasts are shown below. They are based on the June 30, 2023, running of the Vanguard Capital Markets Model® (VCMM). Equity returns reflect a 2-point range around the 50th percentile of the distribution of probable outcomes. Fixed […]
John Hancock: Weekly Market Recap Week Ended November 17th
Inflation slowdown U.S. inflation continued to moderate in October, as a measure of prices excluding the volatile food and energy categories rose at the slowest annual pace since September 2021. The so-called core rate was 4.0%, which was slightly below most economists’ forecasts—as was the headline number of 3.2%, factoring in food and energy. […]
Alliance Bernstein: BRICK’ Expansion
The Chinese sage, Lao Tzu, taught that a journey of a thousand miles begins with a single step. The invitation for Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the UAE to become full members of BRICS may not transform emerging-market (EM) countries’ status immediately—but […]
Visual Capitalist: U.S. Retail Investor inflows (2014-2023)
Charted: U.S. Retail Investor Inflows (2014–2023) U.S. retail investor sentiment hit a record breaking high at the start of 2023, buoyed by the sudden progress in AI capabilities. Seen as a side show in the stock market for much of the last decade, retail investors are now an investing juggernaut to be considered […]
John Hancock: Weekly Market Recap Week Ended November 10th
Yield volatility Shifts in the interest-rate outlook continued to drive fixed-income markets as U.S. government bond prices reversed course, retreating in the wake of a rally the previous week. As a result, yields rose, with the rate-sensitive 2-year Treasury climbing back above 5.00% after U.S. Federal Reserve Chair Jerome Powell said the central bank […]
LPL: The Fed Remains Unchanged Again
Thursday, November 2, 2023 Additional content provided by John Lohse, CFA, Senior Analyst In a unanimous decision yesterday, The Federal Reserve (Fed) left interest rates unchanged following its Federal Open Market Committee (FOMC) meeting. This marks the second straight meeting in which a rate hike was skipped, however, Chair Jerome Powell, didn’t rule out […]
Visual Capitalist: Stock Market vs. GDP Share, By Country (1900-2022) Animation
Stock Market vs. GDP Share, by Country (1900-2022) While the distribution of global GDP has diversified over time, the global stock market remains dominated by a few developed financial markets. In 2022, the U.S. accounted for 59% of global stock market capitalization, with a 21% share of global GDP. To put that into context, China […]