Weekly Thoughts

Higher rates come with high fund inflows into equities, even Japan’s   Although spiking long-term rates in the US have jolted markets, from our perspective it has mainly impacted sector allocations rather than…

Japan back in vogue as Nikkei breaches above 30,000This week, we will focus mainly on our own market of Japan equities as Nikkei’s breach above 30,000 level for the first time since…

Animal spirits in full flow but AUM in money market funds have stopped fallingUS stocks continued to rally as market’s animal spirits were in full flow and as retail investors ploughed more…

Reddit swarm quelled as investors focus back on vaccination programsAfter last week’s fireworks sparked by what seemed to be an uprising by US retail investors, the stock market quickly found its footing…

The uprising of the US retail investorsIt is difficult not read into this latest US retail investors’ revolt promoted by Reddit’s Wallstreetbets forum as some sort of socio-economic backlash from growing disparity…

Covid variants becoming a key concern in fighting the virusThis week we have focused mainly on the Covid virus which once again is at the forefront of market concerns. Although we think…

Covid infections and fatalities look to be reaching climaxAs Covid deaths have reached yet another grim milestone of 2mn worldwide and with fatalities in the US approaching 400K, markets are hoping for…

Storming of Capitol by his supporters looking to be Trump’s last hoorah Having for months been pondering the unpredictability of the outgoing US president, as far back as our late June publication underlined…

The coming oversupply of Covid vaccines As we noted in our last publication, we think that despite the new Covid variants of more contagious forms being detected globally, not only the vaccines approved…

Despite bleak short-term outlook, end of pandemic is in sightWe go into 2021 similarly optimistic about Japanese stock market as we were this time last year. We obviously had no idea what…