Highlights from November 2019 – Stock Markets rally; S&P 500 up 25% so far this year but S&P 500 earnings flat in third quarter this year vs last year; Germany avoids technical recession

Stock Markets Rally
Equities markets continued their rally in November, the S&P 500 gained 3.4%, the Dow 3.7% and Nasdaq Composite 4.5% during the month. Elsewhere, the Japan TOPIX gained 1.9% during the month and the UK FTSE was up 2.2% during November.

Continue reading “Highlights from November 2019 – Stock Markets rally; S&P 500 up 25% so far this year but S&P 500 earnings flat in third quarter this year vs last year; Germany avoids technical recession”

Highlights from October 2019 – Stock Markets hit all time high; China growth slowest in three decades; GBP rallies; Eurozone economy fragile

What happened in October: The S&P 500 hit an all-time high as trade tensions eased. The Fed cut interest rates again. Meanwhile, China GDP growth was slowest in three decades. The British Pound soared in October and signs are that the Eurozone economy is faltering more than expected.

Continue reading “Highlights from October 2019 – Stock Markets hit all time high; China growth slowest in three decades; GBP rallies; Eurozone economy fragile”

Highlights from June 2019 – U.S. Equities rise, Global bond yields drop, Interest rate cut ahead?

U.S. Equities Soar

June 2019 saw U.S. equity market records being broken shattered.

The Dow Jones Industrial Average (DJIA) gained 7% in June, its biggest June gain in 9 decades or its best June since 1938.

The S&P 500 jumped 6.9%, its best June performance in 7 decades or its best June since 1955. The S&P 500 is up 17% in 2019 so far, the best start to a year since 1997.

Continue reading “Highlights from June 2019 – U.S. Equities rise, Global bond yields drop, Interest rate cut ahead?”

Highlights from May 2019 – Hot or cool global economy?

(Apologies for the delay in this being published, it should have been published almost a month ago.)

May 2019 was the quietest month (till date) for us due to unprecedented reasons. We had hoped April 2019 will be the quietest month but turns out this time it was (again) different. Hoping to write more going forward starting July but don’t want to promise that.

Continue reading “Highlights from May 2019 – Hot or cool global economy?”

Highlights from April 2019 – Revenue growth slows at Amazon, Alphabet and Apple; Uber, WeWork IPOs

Revenue and profit growth are slowing for major technology companies. For the January to March period, the three major technology companies – Amazon, Alphabet and Apple all saw slowing revenue growth. And the growth slowdown was quite significant.

Continue reading “Highlights from April 2019 – Revenue growth slows at Amazon, Alphabet and Apple; Uber, WeWork IPOs”

Highlights from March 2019 – Best quarter for U.S. stocks; Lyft IPO; Irish stocks soar despite Brexit

Think the global economy is slowing? The equity markets don’t think so. The S&P 500 rose 13.1% in Quarter 1 (January to March), the largest quarterly gain since 2009 and the best start to a year since 1998.

The technology heavy NASDAQ index gained 17% as the S & P technology sector gained 19.3% during the quarter. Apple and Microsoft both gained over 16% during the quarter.

Continue reading “Highlights from March 2019 – Best quarter for U.S. stocks; Lyft IPO; Irish stocks soar despite Brexit”