On the back of the election results, US and European equity futures are up about 1%, as one source of political uncertainty has been resolved. In our estimation, this reflects a market refocus on fundamentals that remain positive for equities, especially in the US, and will not meaningfully change with a Democratic House.
According to Nick Watson, Janus Henderson multi-asset team, from a markets perspective, Trump's ability to provide the US economy and markets with further levels of stimulus and acceleration are likely to be constrained over the next two years.
Multiple sources suggest that UK and EU negotiators have reached a draft agreement on Britain's terms for leaving the EU (the withdrawal agreement) including backstop mechanisms designed to ensure that Brexit does not create a hard border in Northern Ireland.
New World Capital Advisors (“NWCA”), the specialist merchant banking and investment firm, today announces the appointment of two new Partners. Alexander Tsirigotis joins as Chief Operating Officer and Simon Evans as General Counsel.
We are past the peak of the U.S. earnings reports. In the past, any unusually high individual stock volatility after
an earnings announcement was a pattern that only appeared at macro inflection points.