Stuff I'm Watching

We are all Doomed!

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 https://www.visualcapitalist.com/how-every-asset-class-currency-and-sector-performed-in-2018/


 2018 - A sea of red.

Cash turned out to be best option for the year, and several asset classes were crushed over the course of 2018, including crude oil and nearly all stocks. Despite this, large cap U.S. stocks (S&P 500) had no issues in outperforming equity alternatives, like smallcap stocks, foreign stocks, or emerging markets.

Story of the Week - BREXIT VOTE - PLEASE PLEASE MAKE IT STOP!

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Could the customs union help Theresa May break Brexit deadlock?

FT - https://www.ft.com/content/e98e8946-19b8-11e9-b93e-f4351a53f1c3


Michel Barnier insists rejected Brexit deal is still "best compromise"

FT - https://www.ft.com/content/efabfd1c-1964-11e9-b93e-f4351a53f1c3


So Bad It's Good: Markets see Silver Lining in Brexit Rejection

Bberg - https://www.bloomberg.com/news/articles/2019-01-16/so-bad-it-s-good-analysts-see-silver-lining-in-brexit-rejection?srnd=premium-europe


Economists react to May's Brexit House of Commons defeat

FT - https://www.ft.com/content/54b20532-1931-11e9-9e64-d150b3105d21


After Bruising Defeat, Theresa May Searches for Brexit Compromise

WSJ - https://www.wsj.com/articles/as-another-tense-vote-looms-theresa-may-looks-to-fight-another-day-11547647081


Global Debt = $184 trillion - 225% of Global GDP!

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Definately worth reading: 



Stuff I'm Reading

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What's in the News:

Goldman's M&A Bankers Shine, Traders Stumble as Malaysian Scandal Looms

https://www.wsj.com/articles/goldman-sachs-reports-higher-profit-11547642857


Europe is Burning

https://www.zerohedge.com/news/2019-01-15/europe-burning


Does McDonald's Sell Big Macs? The EU isn't So Sure

https://www.bloomberg.com/opinion/articles/2019-01-17/eu-regulator-strips-mcdonald-s-of-its-big-mac-trademark


Germany steps up work on potential Deutsche-Commerzbank tie-up

FT - https://www.ft.com/content/7d145738-19b2-11e9-9e64-d150b3105d21


How Santander's ditching of Andrea Orcel stunned finance industry

FT - https://www.ft.com/content/a022da22-1923-11e9-9e64-d150b3105d21


Emerging Markets: 5 key issues to watch in 2019

M&G - https://www.bondvigilantes.com/blog/2019/01/14/emerging-markets-5-key-issues-watch-2019/


Government shutdown begins to harm US economy

FT - https://www.ft.com/content/b4970904-1907-11e9-9e64-d150b3105d21


The looming credit market crunch

FT - https://www.ft.com/content/ad0ea64c-1830-11e9-9e64-d150b3105d21




Global Stocks Slump on Signs of Slowing Economic Growth 

WSJ - https://www.wsj.com/articles/global-stocks-slump-on-signs-of-slowing-economic-growth-11547454618


Odey homes in on UK assets ahead of key Brexit vote

FT - https://www.ft.com/content/cc491f18-15bc-11e9-a581-4ff78404524e


Shutdown Pinches Economic Growth 

WSJ - https://www.wsj.com/articles/shutdown-pinches-economic-growth-11547423636


Growth Forecasts lost in the Fog of Brexit

FT - https://www.ft.com/content/05051918-15ce-11e9-a581-4ff78404524e


Equities veteran makes big bet on bond-trading automation

FT - https://www.ft.com/content/1fa68b28-15b8-11e9-a581-4ff78404524e


PG&E Sparked at Least 1,500 California Fires, Now the Utility Faces Collapse

WSJ - https://www.wsj.com/articles/pg-e-sparked-at-least-1-500-california-fires-now-the-utility-faces-collapse-11547410768


Default Fears Add Fresh Stress to Chinese Private Sector

WSJ - https://www.wsj.com/articles/default-fears-add-fresh-stress-to-chinese-private-sector-11547203285


"Erratic Movement" in Earth's Magnetic Field Threaten Global Navigation

ZH - https://www.zerohedge.com/news/2019-01-13/erratic-movement-earths-magnetic-field-threaten-global-navigation




   

 

   


   




Blain Speaks....

8/Jan/19 

Global Market Update

Apple Worries, Fed Patience, Central Banks and other woes. 

Explaining Brexit - The Treaty of Westphalia

This best explains the complexity of European negotiations...