Year

THE BIGGEST IPO EVER

11 December 2019

Just another three weeks and we’re celebrating a new year and a new decade. A decade which, according to some, will see a peak in demand for oil and a peak in the number of cars on the road. That doesn’t look too promising for the world’s biggest oil-producing company, Saudi Aramco, which is coming to the market today in the world’s biggest ever IPO.

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SANTA CLAUS COMES EARLY IN JAPAN

09 December 2019

Spending about 1.9% of GDP on stimulus measures is not a small affair. And yet, that is exactly what Japan’s prime minister Shinzo Abe is about to do, according to the FT. The country unveiled a $121 billion stimulus package to counter global weakness. Hence, Abe is playing Santa Claus.

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CHINESE BOND MARKETS: HOW BAD NEWS COULD BE GOOD NEWS

05 December 2019

Chinese bond markets are set to break a new record, not for performance, but rather for the number of bonds defaulting. Currently, we’re already at last year’s level for defaulted bonds and will surely exceed it when closing the year.

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SECOND GUESSING UNTIL THE NEW YEAR

25 November 2019

This week traders in the US will enjoy a shortened trading week, due to Thanksgiving and Black Friday. Trading will slow down from Wednesday afternoon and on Friday most trading houses will work with fewer staff. Traditionally, the festive season starts after Black Friday and most of the time markets behave rather well and continue the trend seen earlier in November. That is most of the time.

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US BRICKS AND MORTAR RETAILERS GETTING IT WRONG

20 November 2019

Home Depot, Nordstrom, Macy’s and Kohl’s all have one thing in common; their share prices fell like a stone yesterday on Wall Street. You could say it was a retail blood bath.

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