Equity Strategy: US Regional Banks: Not Out of the Woods Yet
US Regional Banks have been in turmoil for the last several quarters with valuations down by 40% or more on average. We think this is may not yet...
338 Views
U.S. Equity Strategy: Risk Appetites Improving; Watching Financials, Copper, US Dollar
Financials (XLF) are on the cusp of a breakout above $39, while copper is on the cusp of a breakout above $4.38; breakouts above resistance would...
249 Views
10-Yr Treasury Yield Breaking Out; Downgrading U.S. Consumer Staples and Utilities To Underweight
The 10-year Treasury yield broke above the key 1.38% resistance level last week, a bullish signal for the broad equity market and also a bullish...
221 Views
US Banks – Borrow Short, Lend Long
While credit costs will remain a key focus for US banks over the coming quarters, we must not lose sight of the steepening yield curve and what it...
277 Views
Why Are Major U.S. Companies Suspending Their Share Buyback Programs?
“Any public company that receives a bailout or significant funding should not be allowed, by law, to do stock buybacks EVER AGAIN as part of their...
338 Views