The Weekender
Aviate - Seeking Alpha - Sun May 17, 7:39AM CDT
Rising rates, banks, beta and the pain trade We note a strategy piece by a well-respected strategist this week (JPMorgan) used the word ' reflation ' - one all but removed from investment parlance - with respect to the bond market's rather vicious...
WMT: 79.24 (+0.52), RBS: 11.13 (-0.09), SPY: 212.44 (+0.23), LYG: 5.63 (-0.01), AV: 17.10 (+0.25), MR: 27.56 (+0.07), PSO: 20.84 (-0.16), LBTYK: 49.43 (+0.51), TI: 12.53 (+0.18), LBTYA: 51.60 (+0.58), BHP: 51.55 (-0.23), TEF: 14.88 (-0.05), DIA: 182.48 (-0.06), ING: 16.59 (+0.08), RIO: 46.13 (-0.23), PHG: 28.33 (+0.40), VOD: 37.04 (+0.11), QQQ: 109.58 (unch)
What's Next For European Stock Markets?
Michael Grogan - Seeking Alpha - Thu May 07, 8:40AM CDT
While a weak euro had initially provided a boon to European stock markets, a strong U.S. Dollar appears to have out warmed its welcome, with the Euro having appreciated from a level of 1.058 in mid-April to a level of 1.1146 at the time of writing....
EWP: 36.86 (-0.07)