News
Plus: Smart investing through data analysis, shares always win in the long run, luxury brands have a tailwind, EM doesn’t fly anyway, and more.
Smart leaning on data analysis
Renco van Schie of Valuedge is not surprised about the strong stock market start in 2023. The figures had already told him that. “Sentiment indicators have been recovering strongly since bottoming out last October.”
In the long run, stocks always win
Stocks can be beaten by bonds and cash every year. The downward outliers are also often larger. Despite this, stocks always win in the long run. Nice column, with the necessary figures, from Ben Carlson.
Central banks are tightening more than meets the eye
Clear story from former chief economist Han de Jong of ABN AMRO
Much more rate hike than you think
Central banks have not only raised interest rates but also stopped QE and – in the case of the Fed – replaced it with QT. Doesn’t that contribute to monetary tightening? https://t.co/a2AhR8Fiur— Han de Jong (@HandeJong14) February 6, 2023
Adani empire under heavy pressure
This has an impact on the Indian economy. What a report of an American fraud investigator can do all. CNBC report.
It’s tough to short Adani stocks listed in India. Here’s why https://t.co/QQEpmevFWl pic.twitter.com/qIPrflNL2X
— Bloomberg Markets (@markets) February 6, 2023
“Time bomb is ticking among the financial markets”
We are currently living with the largest ticking time bomb in financial history. The disaster will be bigger than 1929 and will probably have similar market consequences. Those warning words writes Mark Spitznagel, CEO of the hedge fund Universa Investments, in a letter to his investors. Now Spitznagel’s fund has to rely mainly on market declines, so in that sense the message has not come out of the blue.
“More and more rich”
So luxury brands are going like a rocket, report RTL Z.
From globalization to de-globalization, excuse me, re-globalization
In the new #column by Martine Hafkamp https://t.co/aIjON7mxH2 of this week: Actually finds none #deglobalization but one #reglobalization place. Supply chains are being rearranged.
— Fintessa (@Fintessa) February 6, 2023
0% lessen
What have investors learned from the free money period? “We shouldn’t cry because quantitative easing is over, we should smile because it happened 🙂 In remembrance of the last decade, I would like to highlight 11 things that were only possible thanks to 0% interest rates.” Wonderful story (scroll down first).
Dutch pros go for risk-off
Stock market experts tip defensive stocks for February such as Ahold, Unilever and Shell. Prosus and Besi not loved according to Corne van Zeijl https://t.co/7GM6HMcCat
— ABM Financial News (@abmfn_bp5) February 6, 2023
Emerging markets investment case appears fragile
“We aren’t in the environment just yet where can indiscriminately buy,” says Angus Bell, of Goldman Sachs Asset Management in London. “For countries that faced acute stress last year, it’s not really as though the macro environment has shifted so dramatically that all of the problems that they were facing have now totally evaporated.”
Case of greenwashing by Shell
D’rop or d’ronder? #greenwash #climate change in #Shell You lose your appetite pic.twitter.com/MM47dZcFJL
— Wouter Scheepens (@WouterScheepens) February 6, 2023
Chinese save too much
Zhang Jun for Project Syndicate: “Forced to stay at home by stringent zero-COVID lockdowns, Chinese stashed $3.9 trillion in bank deposits last year. While many economists are pinning their hopes for a global recovery on a “revenge spending” spree by Chinese consumers, the increase in savings largely reflects economic uncertainty, rather than pent-up demand.”
Active versus passive
The returns of the IEX Fonds 40 (actively managed investment funds) and the IEX Index 20+ (ETFs). Active takes some distance.
Not energy label, but behavior determines energy consumption
Due to the sharp rise in energy prices, making homes more sustainable is in the spotlight. An average household uses 34% less gas in a home with energy label A than in an energy label G home – which, with the current price cap, amounts to a difference of €50 per month. Despite argue the economists of RaboResearch that the relationship between energy label and energy consumption is much weaker in practice than in theory.
Of Editors of IEXProfs consists of several journalists. The information in this article is not intended as professional investment advice or as a recommendation to make certain investments. It is possible that editors hold positions in one or more of the listed funds. click here for an overview of their investments.
