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Fisher Capital Management News: Equity Markets
2 pages
Published by
Fisher Capital Management
Fisher Capital Management News: Equity Markets
Equity Markets: All the major equity markets, and most of the emerging
markets, Are stable over the past month.
There had been expectations
that the Fed might introduce further quantitative...
[More]
Fisher Capital Management News: Equity Markets
Equity Markets: All the major equity markets, and most of the emerging
markets, Are stable over the past month.
There had been expectations
that the Fed might introduce further quantitative easing measures at
its recent OMC meeting, and this provided some support for the markets
in the early part of the month; but it made only very modest.
Government Bond Markets: The major government bond markets have
made further significant gains over the past month, despite the funding
pressures resulting form huge fiscal deficits, and the renewed concerns
about debt defaults.
Short-term interest rates have remained low, and monetary policy has
been supportive; but it has been the enhanced “safe haven” status of
these markets that has provided most of the momentum, as investors
have sought “shelter from the current storm”.
However the moves have
surprised most commentators, and this has led to warnings about “bond
bubbles” that will not be sustaine
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bond,
currency,
debt,
defaults,
early,
equity,
fears,
financial,
made,
major,
markets,
month,
past,
provided,
rates,
short,
term
