Tag Archives: S&P Pan Asia BMI
The Case for Dividend Aristocrats in Pan Asia
During a time of acute monetary policy tightening throughout much of the western world, major Asian central banks have remained relatively more accommodative. In China, the People’s Bank of China cut its key five-year prime loan rate last week1 after cutting it only a few months ago in May. In addition to the looser monetary…
2017…Among the Sleepiest of Years
If 2016 was unremarkable, 2017 was downright sleepy…at least as far as equity markets were concerned. In 2017, the S&P 500 notched the lowest level of volatility in 27 years. Both dispersion and correlations were among the lowest levels in the same period. This is in spite of a year that was far from lacking…
- Categories Equities, Uncategorized
- Other Tags
- Categories
- Equities, Uncategorized
- Other Tags
Back to Normal…Almost
It’s been a roller coaster week in the aftermath of the startling conclusion to the U.S. Presidential election on November 8, 2016. As recently as a week before the election, equity markets were quite calm, although volatility levels recognized the possibility of a surprise Trump victory. When that victory occurred, U.S. futures declined significantly before…
- Categories Equities, S&P 500 & DJIA
- Other Tags
Calm After the Storm
The dispersion-correlation map helps us to understand the dynamics of market volatility better. Last month we observed high levels of correlation in markets across the globe following the unexpected results of the Brexit referendum. High correlation levels can be a reflection of market fragility. However, as current dispersion and correlation levels indicate, the heightened readings…
- Categories Equities, S&P 500 & DJIA
- Other Tags