Month / December 2018
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Japan ends the year in bear market territory; Anxieties persists regarding trade and Fed policy mistakes
This will be our last weekly publication for 2018 and we at Asymmetric Advisors wish our readers happy holidays and a prosperous 2019. Now back to business: Japan’s stock market continued to follow…
December 22, 2018 -
We retain our negative stance on Japan as Topix breaks below key support line
With Japan’s Topix dropping below that psychological ¥1600 support and testing its crucial 200 week moving average of around ¥1570 level, any hopes for a year-end rally have all but evaporated. With Japan’s market remaining…
December 16, 2018 -
Difficult to see a sustained market rally given weak economic fundamentals and geopolitical uncertainties
As we highlighted last week, with stocks having had already staged a decent bounce on hopes for a positive outcome from US/China trade talks in the G20 summit, it was difficult to see…
December 9, 2018 -
We expect more uncertainties and weaker earnings going into next year
As generally anticipated, and in line with Trump’s play book, US has postponed plans to raise tariffs on Chinese imports by 90 days while China seems to have pledged to resume imports of US…
December 2, 2018