Weekend with the G20

The weekend meeting of 20 major global economies representing 85% of world GDP called for adding half a percentage point of growth each year to 2018 through renewed and aggressive stimulus.  So far this is talk, but there is a chance for action.  The G20 will convene again in November to show what they’ve done.  Read more […]

VIX – The Enforcer

Your portfolio is like a hockey team.  You don’t think so?  It is.  And VIX plays a key role.  Stay with me while I explain. Equities are your guys playing at center and on the wings.  You expect production from them.  Your team largely lives and dies by how consistently they score.  Bonds are your Read more […]

SPDJI Teleconference on U.S. Housing Set for February 25th @ 10am EST

Join us for a live teleconference on the US housing market on February 25th @ 10am EST. Featured speakers to include Professor Robert Shiller, Professor of Economics at Yale University and David Blitzer, Managing Director and Chairman of the Index Committee at S&P Dow Jones Indices. Instructions to access the teleconference are as follows: Net Read more […]

Silver Anchors and Pains

Psychologists have studied feelings of Olympic medalists  for decades to find: “If you set aside the happy people who win gold and look only at the people who come in second and third, it’s the men and women with bronze medals who invariably look happier than the athletes who won silver.” To investors who have Read more […]

Signs of Softness in Housing

The National Association of Home Builders sentiment index for February, reported yesterday dropped sharply to 46 from 56 in January and an average of 51 for 2013.  A reading above 50 means more builders view the market as favorably than as unfavorable.  Housing permits and starts for January were reported this morning and are also Read more […]

Fixed Income Update: Presidents’ Day Week

A short week ahead due to yesterday’s President’s Day Holiday.  Treasuries gained today as the Empire Manufacturing report released today was a 4.48.  The survey of manufacturing executives was bearish when compared to the expected number of 8.5 and its prior number of 12.51.  February’s home builder’s sentiment was also lower as the National Association Read more […]

The VIX Factor

After a strong 2013, the US equity market took a dive in January 2014 and dropped more than 3%. Is it a temporary market correction or something more substantial? Everyone has his own answer. Regardless of your outlook of the market, January has reminded us that market volatility is still one of the major risks Read more […]

Surprises Come With Attractive Yields

Despite the headline news on India’s high deficits and low economic growth, the Indian bonds remain very popular among investors who hunt for yields. Let’s be realistic, while a 10 year U.S. Treasury Bond pays 2.7%, a similar maturity of Indian sovereign Bond is offering a yield of 8.8%! The S&P BSE India 10 Year Read more […]

Shariah Indices Closely Track Conventional Benchmarks in 2013

S&P Dow Jones Shariah-compliant benchmarks covering the U.S., MENA and global equity markets performed in line with their conventional counterparts in 2013. In fact, the S&P 500 Shariah, S&P Pan Arab Composite Shariah, and the S&P Global BMI Shariah, each closed the year within 50 basis points of their non-Shariah counterparts – quite remarkable in Read more […]

COCOA Is The New Valentine

Perception might be that lovers everywhere have always enjoyed the confection of affection, chocolate. However, it has taken some time for many Asian countries to adopt the taste, but it seems now they have fallen in love.  The Singapore-based Cocoa Association of Asia said that in the fourth quarter of 2013 demand rose 10% from Asia including Malaysia, Singapore Read more […]