Back in July 2021 and May 2021, I wrote : "I believe that COVID 19 has unleashed the full power of the BTFD mind set. It is so powerful that it could become an unprecedent FOMO (Fear of Missing Out) wave. A race which could push indices with relative...
In the analytical process of my portfolio approach I highlight these five interconnected points. To simplify! In a strong trend, each tends to confirm the behavior of the other. Ex: strong bull trend will show a great majority of stock trending higher (homogeneity & breadth), Credit spreads compressing, general optimism,...
Obs: if you click on the charts you get a wide picture I like to use the PRING Inflation and Deflation index. Deflation-sensitive stocks include industry groups such as banks, insurers utilities and so forth. These equities tend to outperform when economic conditions are either weak or in the early phase...
The first time I really heard about Ukraine was in 1986 during the Chernobyl nuclear incident. Holodomor or "Terror Famine" was the other event I read about while at school. Since then, many things took place and the impression left is that Ukraine is "famous" for negative and dramatic...
The unprecedent COVID fiscal impulses are behind the hot "flation" debate. Expectations are getting more anchored which is, in my view, the principal headache for the FED. Google Trend provides us with a good "anxiety" snaphot of the situation. Bear in mind that inflation is a lagging indicator and...
Following-up on my December 6th, 2020 post , there was a link about a great work done by Christopher Cole from Artemis Capital (The Allegory of hte Hawk and the Serpent). Here is a great interview he made last year with Danielle DiMartino https://youtu.be/SkfgEZtJ9LA
The two charts are a just an illustration over time of how I best view the principal driving forces behind the markets. What matters here, are the proportions and their respective empirical evolution. It varies countries from countries but since we all use the same monetary/economic system, the trip is...
In "Something seems to have changed" , I highlight the "commodity like behaviour" the S&P 500 index seems to have "adopted". Among the many charts I follow, here is one which shows the relationship between the SKEW index and the Equity PUT/CALL ratio. The SKEW index is a measure of potential risk...
With a population of about 8 millions, does Hong Kong really matter to the world? For a while the democratic world hoped that Hong Kong could represent a kind of hybrid model for China. However, the PCC does not accept anything which could challenge its authority. In the blink of...
Dear Readers, Thank you for your interest into SGG. The site has been very recently setup (June/18) and we are still working on a few last adjustments. Soon and gradually, content will be made available and we will keep you timely informed. I have had the privilege to work and serve clients...
