Stocks in Asia, US Futures Dip on Inflation Anxiety: Markets Wrap

“I would not rush in to buy anything blindly right now; I still think we are going to have some pains over the next couple of weeks and months as inflation starts to stabilize, ”Erin Browne, multi-asset strategies portfolio manager at Pacific Investment Management Co., said on the“ Bloomberg Surveillance ”show. .

Metals Haven’t Crashed This Hard Since The Great Recession

“Even if China recovers in the second half, it will not be able to single-handedly boost prices back to new highs – that age has gone,” Amelia Xiao Fu, head of commodities strategy at BOCI Global Commodities, said by phone from London. “If other major economies are heading towards a recession, China will not be … Read more

Gut-Wrenching Surge in US Real Yields Is Crushing Risky Assets

Inflation-adjusted bond yields were negative for about two years, providing a key pillar of support for risk assets, which looked more appealing as a result. Their climb above zero has evaporated that positive backdrop, undermining equity valuations and threatening their relative attraction to bonds. .

A $ 7.2 Billion China ETF Just Added the Most Cash Since 2011

Investors poured almost $ 270 million into the $ 7.2 billion iShares MSCI China ETF (MCHI) Tuesday, the biggest daily inflow since the fund’s inception in 2011. The ETF, which tracks the MSCI China Index, has rallied about 7% this week, following a report that Chinese regulators are preparing to wrap up a probe into … Read more

JPMorgan Stars Take Other Side of Dimon’s ‘Hurricane’ Trade

(Bloomberg Opinion) – As chairman and chief executive officer of JPMorgan Chase & Co., Jamie Dimon is perhaps the most powerful person in the banking industry anywhere in the world. So when he says – like he did on June 1 – that investors should brace for an economic “hurricane,” it’s worth taking the warning … Read more