
Don’t count on Brexit closure yet
Sterling rose around 1% against both the US dollar and the euro after UK Prime Minister Theresa May indicated she would seek support of the opposition Labour Party in forging a Brexit deal.

Sterling rose around 1% against both the US dollar and the euro after UK Prime Minister Theresa May indicated she would seek support of the opposition Labour Party in forging a Brexit deal.

* US President Trump’s trade taxes hurt US listed companies. This caused the equity market to underperform the economy dramatically last year. Hopes of an end to those taxes have caused a remarkable equity rally this year. Now Chinese Vice Premier Liu arrives in Washington to try and do a deal. Markets already expect a […]

Although it may seem like Andrés Manuel López Obrador (AMLO) took office a long time ago, his presidency has barely crossed the 100-day mark.

* US President Trump’s trade taxes hurt US listed companies. This caused the equity market to underperform the economy dramatically last year. Hopes of an end to those taxes have caused a remarkable equity rally this year. Now Chinese Vice Premier Liu arrives in Washington to try and do a deal. Markets already expect a […]

The Bank of New York Mellon Corporation (“BNY Mellon”) and BlackRock, through its BlackRock Solutions business, announced today a strategic alliance to deliver integrated data, technology, and asset management servicing capabilities to common clients.

Australia and New Zealand, April 3, 2019 – BlackRock today appointed Andrew Landman Head of Australasia.

Sterling rose around 1% against both the US dollar and the euro after UK Prime Minister Theresa May indicated she would seek support of the opposition Labour Party in forging a Brexit deal.

Global stocks rallied by 12% in the first quarter in local currency terms, the best start to a year since 1991.

* Economic data has become less reliable over time. Structural change is not easily captured in economic data, and normal people do not complete surveys any more. This means it is helpful to pay as much (perhaps more) attention to data revisions as to the initial estimates. There were some big positive revisions to US […]

Global stocks rallied by 12% in the first quarter in local currency terms, the best start to a year since 1991.