FlowBank

1133 days ago

Switzerland maintained modest growth in fourth quarter despite lockdown

After the surge in Q3, growth in Switzerland moderated in Q4 but remained positive. While good news for the Swiss economy, its likely to have little bearing on SNB policy and the #CHF

#Macro
Switzerland maintained most growth in fourth quarter despite lockdown

1133 days ago

Growth vs. Value is breaking down from 6-month consolidation

There seems to be a long term top forming in the relative price chart of the Russell 1000 Growth vs. Russell 1000 Value

#Stocks #Macro
Growth vs. Value is breaking down from a decade-long uptrend

1135 days ago

Equity rotation ahead as real yields rise, says UBS

When liquidity drivers shift to neutral from loose, lower market returns and growth stocks marginally outperforming value shares, UBS said. Less easy financial conditions will likely lead to lower overall returns in global markets while favoring growth stocks over value. Source: Bloomberg

#Macro

1141 days ago

Foreigners are still buying US debt but own a smaller percentage of the total

While foreign governments / investors continue to buy Treasuries - they are not keeping pace with the new issuance. 

#Bonds #Macro
Foreigners are still buying US debt but own a smaller percentage of the total

1141 days ago

Add TIPS to the list of markets distorted by the Fed

"Fed’s Insatiable TIPS Buying Is Distorting Inflation Indicators" Fed lifted $1.2b TIPS today, cranking up growing influence in the market TIPS % vs. nominals as Fed TIPS holdings in circulation Careful reading 'breakevens' as THE reflation indicator source: @EddBolingbroke / Bloomberg

#Bonds #Macro
Add TIPS to the list of markets distorted by the Fed
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