Barings global high yield bond fund

Share to Twitter Share to Linkedin The “adults” are back in charge. They’ve given us another war without end, a commodity crisis , and a supply chain crisis. What’s next? A global recession? Markets are a total mess , with Walmart WMT tanking 10% in one trading session on May 18. The last time that happened was the stock market crash of October 1987. Inflation, thanks to unpresented money printing and Universal Basic Income test- drives during an unprecedented China-style lockdown of the U.S. economy in 2020—2021, is now eroding living standards. It’s global. The U.K. inflation print on May 18 was 9%. How transitory is this? If Europe keeps the pressure on commodities in its economic war with Russia, then the answer is – as long as Europe and Russia are sanctioning each other to smithereens. As I predicted here back in February, before the Russian siege of Mariupol, and before much of the Donbas region fell to Russian … [Read more...] about The Coming Global Recession, Helped By Europe’s ‘Green War’ With Russia

Global equity markets rebounded after the S&P 500 pared losses that briefly took it into bear market territory, and the dollar gained on Friday, as investor unease about Federal Reserve policy tightening to curb inflation kindled fears of a recession. Shares rebounded earlier in Europe and Asia after China cut a key lending benchmark to bolster its weakening economy, helping initially to drive gains on Wall Street. China cut its prime rate for five-year loans, which influences mortgage prices, by 15 basis points in a reduction that was sharper than expected as authorities seek to cushion the impact of an economic slowdown. Also Read: Indian markets should be moving upwards next week, says IIFL’s Sanjiv Bhasin While a late-day rally stopped the S&P 500 from confirming a bear market, the gloom on Wall Street led the benchmark to fall for the seventh consecutive week, an event that has occurred only five times since 1928, according to S&P Dow Jones Indices. … [Read more...] about Global stocks rebound despite unease over economy; dollar gains

Gold, Gold Prices Gold prices edged higher on Wednesday in the international markets as a weakening dollar countered pressure from stronger Treasury yields and an aggressive stance on inflation by the US Federal Reserve chief. A weaker dollar makes gold more attractive for buyers holding other currencies. At 9:38am, gold contracts were down 0.57 percent at Rs 49,887 for 10 gram on the Multi-Commodity Exchange ( MCX ), while silver shed 0.82 percent at Rs 60,657 a kilogram. COMEX gold trades modestly lower near $1810/oz weighed down by pause in recent slide in US dollar index following hawkish comments from Fed Chairman Jerome Powell. ETF outflows also showed continuing exodus by investors. However, supporting price are increasing growth concerns, inflation concerns and persisting Russia-Ukraine tensions. Gold may remain choppy as market players react to economic numbers and central bank comments however Fed’s tightening outlook may keep pressure on prices, said Ravindra … [Read more...] about Gold Prices Today: Yellow metal to stay range-bound amid high US yields, Jerome Powell speech

- A + A SHANGHAI/BEIJING (May 22): Shanghai reopened a small part of the world's longest subway system on Sunday, after some lines had been closed for almost two months, as the city paves the way for a more complete lifting of its painful Covid-19 lockdown next week. With most residents not allowed to leave their homes and restrictions tightening in parts of China's most populous city, commuters early on Sunday needed strong reasons to travel. Shanghai's lockdown and curbs in other cities have battered consumption, industrial output and other sectors of the Chinese economy in recent months, prompting pledges of support from policymakers. Many who ventured out in the commercial hub wore blue protective gowns and face shields. Inside the carriages, passengers were seen keeping some empty seats between themselves. Crowds were small. Xu Jihua, a migrant construction worker, arrived at a subway stop before it opened at 7 a.m., hoping to get to a rail station, then … [Read more...] about Shanghai reopens some public transport, still on high Covid alert

- A + A (May 23): The wreckage of a US$5 trillion rout in emerging markets is starting to look like a buying opportunity to some intrepid investors. The pain points are all too obvious: Stocks have fallen below their average valuations of the past 17 years. Local-currency bond yields have soared through a range that’s held since the 2008 crisis. Spreads on dollar bonds are close to thresholds seen only during times of distress. After 15 months of capital outflows, emerging markets are at an advanced stage of pricing in the risks. For some money managers, that means it’s time to start buying again — not in a bullish outburst, but in gradual, cautious steps. Still, the risk of deeper losses remains, especially if China’s economy slows further or the Federal Reserve turns more hawkish. “We have reduced our bearishness on the emerging-market asset class,” said Paul Greer, a money manager at Fidelity International in London. “While fundamentals remain very … [Read more...] about After US$5 tril rout, emerging markets seek turnaround signal

Share to Twitter Share to Linkedin Sergey Gribov is a Partner at Flint Capital , an early-stage venture fund that invests across Israel, USA and Europe. In 2021, American VC-backed companies raised $329.9 billion . This is a nearly 100% increase over the record-breaking $166.6 billion raised in 2020. On top of this, early-stage VC activity surpassed $80 billion for the first time, and annual exit values soared to more than $774 billion. This huge influx of funds led to skyrocketing startup valuations in 2021. However, as the end of the Covid-19 pandemic appears to be on the horizon, entrepreneurs and investors alike are wondering what the future holds. Can these sky-high valuations last? Is this investment frenzy sustainable, or should we brace for a crash? Fortunately, the answers to these questions paint a brighter picture than you might expect. How The Federal Reserve Influences The VC Market The U.S. Federal Reserve is … [Read more...] about Startup Valuations Now: Are We In A Bubble?

Representative image The Federal Reserve's determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook across Wall Street, as U.S. stocks stand on the cusp of a bear market and warnings of a recession grow louder. At issue is the so-called Fed put, or investors’ belief that the Fed will take action if stocks fall too deeply, even though it has no mandate to maintain asset prices. One oft-cited example of the phenomenon, which is named after a hedging derivative used to protect against market falls, occurred when the Fed halted a rate hiking cycle in early 2019 after a stock market tantrum. Also Read: Global stocks rebound despite unease over economy; dollar gains This time around, the Fed’s insistence that it will raise rates as high as needed to tame surging inflation has bolstered the argument that policymakers will be less sensitive to market volatility - threatening more pain for investors. read more A recent … [Read more...] about As bear market looms, battered Wall Street seeks elusive ‘Fed put’

Share to Twitter Share to Linkedin Don't let opportunity slip away. The last two weeks saw media negativity increase. However, economy reports and stock market actions hint at a rebound ahead. Here are the key items to keep in mind... First, this mid-quarter timing is traditionally an excellent time to act : buy, sell and rebalance. The important quarterly earnings reporting is mostly completed. Fund managers are unconstrained, with a full 1-1/2 months remaining before they need to worry about the holdings in their quarterly reports. Second, May is a great month to be optimistic in the northern hemisphere . Late spring and summer await, when spirits are lifted by weather, outdoor activities, vacations and generally relaxed attitudes. Then follows fall into winter, marked by major holidays ending with the launch of the new year: 2023. Third, remember that Wall Street attempts to forecast ahead by about six months . Therefore, expect third and … [Read more...] about Sell? No Way – This Is A Buyers’ Stock Market

Share to Twitter Share to Linkedin Alex Konanykhin is a brave soul. He started a cryptocurrency project at the start of a war in Ukraine, decades-high inflation in the U.S. and Europe, Fed monetary tightening, and the potential for food shortages driving up commodity prices. He seems to have anticipated the meltdown of the traditional coins as his February 23 press release touts Unicoin as the “solution to the high volatility of cryptocoins.” His idea stems from a notion popularized by Warren Buffet, a famous Bitcoin BTC bear, who said that cryptocurrency has no value because it isn’t backed by anything. Cryptocurrencies are not backed by the good faith and credit of a nation, let alone the start-up founders or their venture capitalist investors. It isn’t backed by hard assets either. It’s not like Dogecoin DOGE is backed by Shiba Inu SHIB dog breeders or anything – less dogs, higher Doge. It’s literally a joke coin worth tens of billions … [Read more...] about Brave Souls: ‘Unicorn’ Crypto Project Ties Value To Equity In Emerging Growth Companies

Share to Twitter Share to Linkedin An overwhelming number of U.S. registered voters say they support higher tariffs on goods imported from China. According to a poll released this week by Morning Consult, 73% of survey respondents said they support the U.S. government using trade remedies on China to protect U.S. industries and American workers with a similar high number — 71% — supporting the trade war tariffs imposed on $250 billion worth of China imports during the Trump administration. Even with inflation at levels not seen since the 1970s, American voters seem willing to force companies to import from elsewhere or make it locally instead. “I am not surprised by these numbers,” says Harsh Khurana, CEO of WeCultivate, a tech company funded in part by Mark Cuban , that works as a browser extension on Amazon AMZN to show consumers American-made products. “Tariffs hurt the American consumer more than they hurt China's manufacturing because the … [Read more...] about Sorry, China. Most Americans Support Higher Prices On Your Imports.