Share to Twitter Share to Linkedin Everybody's talking about higher inflation and rising interest rates, but are they worried? Not really. The Fed's on the case, so investors are asking, "Which investments are best to buy?" Barron's has the answer on its January 17 cover (underlining is mine): "2022 Roundtable - Our experts see a strong economy, a volatile market, and a good time for bargain hunting . " Turning to the article for stock ideas, we run into a cautious title, " Time to Buckle Up ," based on this summary: " Wall Street's pandemic-era party appears to be ending. Stocks, bonds, crypto, you name it - almost every asset class has hit a rough patch since 2022 dawned, and things could get worse before they begin to get better . That's the consensus of the 10 investors on Barron's Roundtable, which met this year on Jan. 10, on Zoom. The group looks for inflation to rage and stocks to stumble in the first half of 2022, as the Fed … [Read more...] about Dual Bond And Stock Bear Markets Look Likely
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Global stocks rebound despite unease over economy; dollar gains
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
After US$5 tril rout, emerging markets seek turnaround signal
- 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
Buy Hindustan Petroleum Corporation: target of Rs 310: Sharekhan
"India’s specialty chemicals industry is a decadal growth opportunity and it is still not too late to participate in the value creation process. We prefer CRAMS/CSM players Navin Fluorine (Navin) and PI Industries (PI) as they provide long-term earnings visibility. We also like UPL due to robust growth outlook and reducing debt concerns and SRF due to rising contribution from the chemicals business," JM Financial research report. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Sharekhan's research report on Hindustan Petroleum Corporation Q4FY22 operating profit of Rs. 1,752 crore (up 14.6% q-o-q) sharply missed street estimate on high losses in the marketing business partially offset by GRM recovery. PAT of Rs. 1,795 crore beat estimates on higher other income and lower tax rate. Reported GRM of $12.4/bbl was above our estimate … [Read more...] about Buy Hindustan Petroleum Corporation: target of Rs 310: Sharekhan
Hartalega shares up most in seven weeks, trading volume doubles
- A + A (May 23): Hartalega Holdings Bhd rose 4.3% on Monday morning (May 23). Trading volume was double the average for this time of day. Its share price increased to RM4.37 from RM4.19. The stock was the best performer among its peers. Meanwhile, the FBM KLCI rose 0.4%, while the MSCI AC Asia Pacific Index gained 0.6%. Market metrics Trading volume was 427,000 shares, double the 20-day average of 173,715 shares for this time of day. Of shares that were traded, 32% were at the ask price and 48% were at the bid. Market insights Hartalega's share price declined 56% in the past 52 weeks, compared with a 59% decrease for the company's Bloomberg peers. The KLCI lost 0.8%. The share price of Hartalega is down 0.7% in the past five days and fell 5.2% in the past 30 days. Hartalega trades at 23 times its estimated earnings per share (EPS) for the coming year. It trades at 3.3 times trailing EPS. The company is priced at 2.9 times book value. The … [Read more...] about Hartalega shares up most in seven weeks, trading volume doubles