Outlook

Book Bits | 17 February 2018

● The Divide: Global Inequality from Conquest to Free MarketsSummary via publisher (W. W. Norton) By Jason Hickel Global inequality doesn’t just exist; it has been created. More than four billion people—some 60 percent of humanity—live in debilitating poverty, on less than $5 per day. The s ...

OPEC pops the question – will Russia say ‘I do’?

OPEC is drafting an agreement to tie Russia into a so-called “super group” of oil producers. Details on the proposal are vague and the Kremlin’s willingness to consider such a betrothal is uncertain, despite some positive vibes between Russia and OPEC kingpin Saudi Arabia at the moment. In ...

Is The Fed Back To “Quantitative Easing?” - Dave Kranzler (16/02/2018)

February 16, 2018 The Fed added $11 billion to its SOMA account for the week ending yesterday. It purchased $11 billion in mortgage securities directly from banks. This injects $11 billion into the banking system. Cash is “high powered” money, meaning it can be leveraged 10x (banks need to hold ...

Why the Debt Ceiling Means Nothing, Yet Everything - Nathan McDonald (16/02/2018)

February 16, 2018 Over the past month, we have heard a growing roar of dissent and fear as people within the United States and around the financial world worried about a rapidly approaching deadline. A deadline, that if reached, would spell disaster for all! This deadline—self-imposed by Congress ...

FTE Networks (FTNW) Stock: Snags Contract Valued At $36 Million

FTE Networks announced on Thursday that the company had been awarded a new contract to provide state-of-the-art technology, infrastructure, and fit-out services for one of the oldest and largest financial institutions in the United States. The $36 million contract, taking place in Manhattan, New Yor ...

A Closer Look At The Links For Stocks, Interest Rates, And Inflation

Does history offer a reason to be cautious on the outlook for stocks if inflation and interest rates are rising? Yes, sort of, according to a New York Times article published on Thursday. Hedging just a bit, the Times piece relates that “it’s long been a truism that higher inflation and its clo ...

Carillion case study: All was not what it seemed

In its 2016 Annual Report entitled ‘making tomorrow a better place’, Carillion claimed they had ‘a good platform from which to develop the business in 2017’. Less than ten months after publication, Carillion went into compulsory liquidation, bypassing administration and the chance to contin ...

Urgent vs. Important: Barriers to Digitization in Alternative Investing

KPMG International and CREATE-Research have jointly prepared a report about the digitization imperative for alternative investment management. The report includes within that term both hedge funds and private equity. Early on, its authors list eight key digital innovations that are reconstructing th ...

GFICC interest rate forecast refresh

Each quarter, lead portfolio managers and sector specialists from across our Global Fixed Income, Currency & Commodities (GFICC) platform gather at our Investment Quarterly (IQ) meeting to provide valuable insight into their sectors, debate factors likely to influence the markets over the coming qu ...

NAHB: Builder Confidence unchanged at 72 in February

The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 72 in February, unchanged from 72 in January. Any number above 50 indicates that more builders view sales conditions as good than poor.From NAHB: Builder Confidence Stays at Strong Level in FebruaryBuild ...