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Featured AlphaTack Intel Article
UK Bond Rout Sends 30-Year Yield to Highest Since ‘98
UK long-term borrowing costs jumped to a 28-year high as worries intensified over local government elections and the impact of soaring energy prices on the economy. The yield on 30-year gilts surged as much as 13 basis points to 5.78%, the highest since 1998. The...
– AlphaTack Intel Articles –
US Consumers Are on Edge About Income, Retirement in Latest Data
Weaker prospects of real income growth, comfortable retirement Election adds to uncertainty in University of Michigan survey A record share of households are uncertain about the US economic outlook, most expect inflation to take a bigger chunk of their incomes and the...
China’s Steps to Cool Bond Rally Sap Demand for Wealth Products
Inflows into wealth-management products slid 90% in August State banks seen selling long-dated debt to cool rally Signs that Chinese officials are pushing back on the record-breaking bond rally are deterring at least one group of investors that have been a key driver...
Brazil’s Economic Activity Posts First Monthly Drop Since March
Central bank seen lifting rates by quarter-point next week Economic activity fell 0.4% on month in July; est. was -0.7% Brazil’s economic activity fell less than expected in July, snapping a series of gains as central bankers are expected to mull the start of a cycle...
An 86-Year-Old Investor Warns Peers on Value-Stock Betrayal
Jim Cullen stays disciplined while peers chase growth trades Money manager has endured market cycles over six-decade career Jim Cullen knows the urge. Embattled cheap-stock managers sense their careers are under siege, ignore their mandate — and grab a few expensive...
China Bond Yields Sink to Record Low With Intervention in Focus
State banks were seen selling long-dated bonds to cool rally Inflows into bonds will continue given weak economy: analyst China’s bond traders defied signs of intervention to push sovereign yields to a record low, setting the stage for a showdown with authorities...
China’s Deflation Means It’s Now or Never for Saving the Economy
Hi, I’m Philip Glamann in Beijing. Worries about falling prices and the threat they pose to the world’s second biggest economy are reaching a crescendo. Specifically, people are concerned that if the Chinese government doesn’t act quickly to address deflation, the...