Growing Confidence That the Lows Are In; 4165-4200/200-Day MA on SPX Remains Key; Buys in Financials
Our confidence in our outlook is growing: as long as the $SPX is above 4165-4200 and the 200-day MA, most signs point to this being a normal...
286 Views
Overweight Value Within Global Ex-U.S. Equities; DXY Below $105.70; Buys in Global Value
We're constructive on global equities as long as $ACWI is above $93 support, however, the 10-year Treasury yield $TNX is breaking above 4.35%...
437 Views
Fairfax India Holdings: Major Value Unlock Via BIAL IPO
FIH is not expensive. The current P/B of 0.6x compares to its five-year average of 0.8x. The two-year average pre-Covid was 1.06x. FIH is not...
488 Views
ICICI Lombard IPO - Bigger Doesn't Always Mean Better
ICICI Bank Ltd (ICICIBC IN) and Fairfax Financial Holdings Ltd. (FFH CN) plan to raise a combined US$900m through selling part of their holdings in...
324 Views
Appeals of Competition Regulator's Decision Offer Some Hope for Tower Shareholders; FVE Unchanged
Via its wholly owned subsidiary Vero Insurance New Zealand, Suncorp Group Ltd (SUN AU) is appealing the New Zealand Commerce Commission’s decision...
244 Views