Fundamental Evaluation Series

Fundamental Evaluation Series

Fundamental Evaluation Series: S&P 500 valuations based on oil look very expensive

Aug 26, 2016 12:51 pm UTC| Commentary

Over the next few articles, in our fundamental evaluation series, we would check the valuations of the SP 500 under various parameters, especially since by many measures SP 500 is looking quite expensive. The U.S....

Fundamental Evaluation Series

Fundamental Evaluation Series: USD/CHF vs. yield divergence review

Jul 28, 2016 11:07 am UTC| Commentary Central Banks Economy

In recent days, Swiss francs correlation with the 2-year yield spread (US-Swiss 2 year) has dropped to 25 percent but time on time again it shows relatively high positive correlation, as high as 80 percent at times. Just...

Fundamental Evaluation Series

Economists should step out of their bubble more often

Apr 20, 2016 01:02 am UTC| Insights & Views Economy

Scratch an economist who proffers sage words about the state of government debt and you will find someone who believes we are at full employment. If we are below full employment, then the government can monetise debt via...

Fundamental Evaluation Series

'Helicopter money' – why economists are now thinking the unthinkable

Apr 14, 2016 15:27 pm UTC| Insights & Views Economy Central Banks

For the 85th month in a row, the Bank of England has voted to keep interest rates at a low of 0.5%. Along with the European Central Bank and US Federal Reserve, it remains wedded to the idea that low interest rates,...

Fundamental Evaluation Series

Russian economy to contract again in 2016, fundamentals to remain weak

Mar 31, 2016 06:37 am UTC| Commentary

In 2015, Russias economic growth contracted 3.7% y/y. The economy is being continuously impacted by economic sanctions by Europe and US, and by lower oil prices. According to World Bank, the Russian GDP growth is expected...

Fundamental Evaluation Series

US consumers unlikely to be supportive of US economy in Q1 2016

Mar 29, 2016 05:24 am UTC| Commentary

US recorded modest growth of 0.2% m/m in personal income in February, as compared with consensus expectation of 0.1% growth. Real disposable income, excluding taxes and inflation, grew strongly by 0.3% m/m. Personal...

Fundamental Evaluation Series

Fundamentals to watch out for this week

Mar 14, 2016 06:02 am UTC| Commentary

Like last week, this week is risk heavy too. Major focus as a country will be on US. What to watch for over the coming days FOMC, BOE, BOJ, SNB Three major central banks will be announcing monetary policy...