Stock Markets, Simplified.
Global markets were mixed overnight as the London market retraced while earnings optimism as well as a spate of merger activity bolstered sentiment in Europe and Wall Street. Markets also edged higher after the US Senate voted to end the shutdown of the U
While a shutdown of the US government and uncertainly is rarely market-friendly, investors appeared too focused on earnings gains and the promise of tax-cut bolstered dividends versus the latest round of political brinkmanship. Looking historically, the m
Global markets were mixed overnight, although the US market powered to fresh record. As we touched on earlier this week, the US market has got off to an amazing start in 2017 and is up +4.8% year to date (and had the best start to a calendar year since 19
Global markets were mixed overnight. There was a broad surge in global stocks overnight that sent Chinese, Japanese and US stocks to record highs as optimism over corporate earnings turbocharged the equity bull market. However, at the time of writing the
For the US market it has been a rip-roaring +4.2% start to 2018, the best start to the year since 1964, while the Australian market is slightly higher (+0.2%). At the same time, the NZ market is down -2.2% year to date, however we would place this in cont
It was a remarkable year for share markets in 2017, with major markets across the globe notching returns of around +20% for the year (for the year the US Market was up +19%, NZ Market +22%, AU Market +7%). What was more surprising than the strong returns
Global markets were mixed overnight as shares on Wall Street took a breather as investors await Republican controlled Congress votes to pass their tax-cut bill. The promise of an impending US tax reform plan has sparked global risk-on sentiment which has
Buoying investor sentiment was a tide of merger and acquisition activity in Europe, the US and even Australia which saw strong upward momentum yesterday provided by a takeover-inspired Aussie Technology sector. In terms of the news, US technology giant Or
Gains were broad based on Friday, with Banks being standout beneficiary’s as a long-awaited bill to cut corporate tax rates looked like it would win enough support from lawmakers to pass. President Donald Trump's Republicans appear to have settled on the
Global markets were lower overnight, as Wall Street slipped from early gains as investors tempered their enthusiasm on the fate of the Republican tax cut plan. US markets are still hovering near records, perked up by the Federal Reserve's upbeat view on