Don’t Fret QE’s End

Don’t Fret QE’s End

With eurozone GDP (gross domestic product, a government-produced estimate of national economic output) growth slowing in Q3, our survey of financial media publications turned up many worries the European Central Bank’s (ECB’s) mid-December decision to end its...
Eurozone Growth Chugging Along

Eurozone Growth Chugging Along

In our survey of media publications, we have seen some commentators argue Q3’s slower eurozone growth presages recession, but we think this conclusion is premature. Growth headwinds cited in much of the recent commentary we encountered seem overstated. Meanwhile,...
What Moves Markets Most May Surprise You

What Moves Markets Most May Surprise You

In our regular review of financial media, we often find headlines speculating over what will affect equity prices. Many treat the relationship between news and market movement as clear cut. For example, a weak economic data report must automatically be “bad” for...
Overlooked Positive Trade Developments

Overlooked Positive Trade Developments

Amid the many negative trade headlines we have seen recently in our survey of media publications, it is perhaps easy to overlook positive trade developments. But several new trade deals are in the works and nearing completion, underscoring what we think is a bullish...
Familiarity Doesn’t Reduce Risk

Familiarity Doesn’t Reduce Risk

In our experience, many investors globally tend to carry huge holdings in companies they are familiar with. Sometimes it is a local company they see on the nightly news. Sometimes it is their employer. Sometimes it is merely a firm from their country. Familiarity...
The Economy Isn’t the Market

The Economy Isn’t the Market

When the economy booms, the equity market zooms, right? This may seem like a logical presumption, and in our review of financial media, we have occasionally seen commentary claiming fast-growing economies present attractive investment opportunities. Yet as we will...