From Ronald-Peter Stoeferle and Mark J. Valek, Incrementum AG This is our 11th annual “In Gold we Trust” report – this year disseminated to more than 1.5 million people. The first graphic extracted looks at Fed policy, 10 Year Treasury Yields and gold: Obviously, not all our readers had time to read the entire 160+ pages. We therefore decided to put […] Read more »
Low Vol, Divergences, A Dow Theory Signal And An Extension on the Dow -Hmmmm
From Richard Edwards of HED Capital Management Dow Jones futures have made a daily-scale top extension (by Tuesday’s close). This comes immediately after the occurrence of ‘divergence’ between two Dow indices pointed out on Monday – a Dow Theory sell signal for equities. The Dow Jones Industrial Average itself has risen, ignoring lurching drops […] Read more »
GAM Insight – Hedge Fund Performance in August
From Global Asset Management Asset prices drifted lower on seasonally light volumes during August. Equities and bonds sold off, with the MSCI World index down 2.1% and the Barclays Global Aggregate Bond index down 0.5%, both in US dollar terms. Commodities gained in aggregate, led by energy and precious metals, while wheat and corn declined on […] Read more »
GAM Insight – Hedge Fund Performance in July
From Global Asset Management July was a strong month for equities with both the MSCI World index and the S&P 500 index up over 5% for the month in US dollar terms. Investment grade and high yield credit in the US and Europe rallied with notably large investor flows into US high yield. The […] Read more »