Investing

On Wednesday, August 12, Alibaba, one of China's premier internet companies will report its quarterly earnings.  They will command more attention than one might suspect by global fund managers.   On Wednesday, August 12, Alibaba, one of China's premier internet companies...

The US dollar posted gains against all the major currencies last week save the Australian and New Zealand dollars. The Reserve Bank of Australia appears to have moved to a more neutral stance on rates, relying on the currency to...

Several recent developments in the fixed income space are distinct from the prospect of higher rates in the US and UK, or the ongoing purchases by the BOJ, ECB, and Riksbank.  Corporates have raised 157 bln euros by issuing investment...

The unexpectedly record low increase in Q2 US Employment Cost Index unwound the some of the dollar's weekly gains and neutralized the near-term technical outlook.  Next week's nonfarm payrolls are still critical, and the weakness may put even greater burden...

The sharp decline in Chinese stocks and the policy response is important for global investors but not on the grounds commonly cited.  It is unlikely to have a major impact on the Chinese economy.  It is unlikely to be a...

From a technical perspective, the US dollar looked vulnerable to start the week, but the 8.5% drop in Chinese shares in Shanghai provided additional fuel.  The linkage between the two is that global headwinds may intensify and keep the Fed...

The overextended technical condition of the dollar we highlighted previously came with a mixed performance last week.  Against the top ten currencies, that dollar fell against five.  The drop in oil prices and other commodity prices encouraged rate cut expectations...

After years of smooth sailing through calm market conditions, bond markets in East Asia are navigating through stormier weather. Data from the supplement to the 2015 Asian Development Outlook released this week shows that weaker growth in the United States...

Gold prices have tumbled to a five-year low. As a tradeable commodity, the price of gold is largely linked to supply and demand. While supply remains fairly fixed, demand is shaped by the state of the global economy and investor...

The European Central Bank has been particularly busy. It is engaged in an asset-buying program. Despite a European Court of Justice ruling highlighting the conflict of interest between its bank supervisory function and role as creditor, the ECB is still...

The US dollar rose against nearly all the major and emerging market currencies in the past week.  The notable exception among the majors is sterling, where hawkish BOE comments and another rise in average earnings goaded the bulls. Among the...

The Chinese authorities moved decisively on many fronts last week to put a floor under the collapse of Chinese stock markets. ChiNext, China’s NASDAQ, was plummeting from astronomical heights. The CSI 300 index of China’s biggest listed companies, which had...

In 1976, the Standard and Poor's 500 became the first stock market index tracked by a fund when Vanguard launched its legendary Vanguard 500 Index Fund (VFINX), which started with just $11 million and grew to become the largest U.S....

It is difficult to make much sense of the short-term price action in the foreign exchange market based on or spurred by this or that headline about Greece.  On the week, the euro lost about 0.6% against the dollar but...

Most investors are familiar with the more traditional forms of investing, such as stocks and bonds. However, an increasing number of investors desire alternative assets with which to grow their money. Most investors are familiar with the more traditional forms...