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Morning Wealth - 13th July 2021 - Stock and yields rise, China's surprise RRR cut, How good should earnings be
Points covered
1. U.S. stocks rose to new highs as bond yields rose
2. China’s surprise RRR cut – Why now?
3. S&P500 trading at 22x – How good should earnings be?
Your Daily A.M. Global Market Roundup. This curated podcast covers overnight market moves in the US & Europe and also puts the day ahead in perspective for investors based in Asia.
The update consists of four segments - Macro, Equities, Fixed Income, and Forex.
News sources - Bloomberg, NYT, FT, WSJ, CNBC
Disclaimer: The views and opinions expressed, if any, are of my own and do not necessarily reflect the official policy or position of the organization I work for.
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By Haresh RajuPoints covered
1. U.S. stocks rose to new highs as bond yields rose
2. China’s surprise RRR cut – Why now?
3. S&P500 trading at 22x – How good should earnings be?
Your Daily A.M. Global Market Roundup. This curated podcast covers overnight market moves in the US & Europe and also puts the day ahead in perspective for investors based in Asia.
The update consists of four segments - Macro, Equities, Fixed Income, and Forex.
News sources - Bloomberg, NYT, FT, WSJ, CNBC
Disclaimer: The views and opinions expressed, if any, are of my own and do not necessarily reflect the official policy or position of the organization I work for.