'Someone will get hurt': Investors and analysts warn on rising market stress

  • 📰 fpinvesting
  • ⏱ Reading Time:
  • 62 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Big swings across asset markets are raising the risk of a financial accident. Read more.

“The velocity of things breaking around the world … is obviously a ‘neon swan’ telling us that we are clearly now in the market accident stage,” said Charlie McElligott, a strategist at Nomura Holdings Inc.Article content

“When financial conditions tighten this much, everyone is looking for who or what will be the cause for central banks to blink,” said Michael Edwards, deputy chief investment officer of hedge fund Weiss Multi-Strategy Advisers LLC. “ is determined to get financial conditions tighter, and the economy is very strong … they have to use funding markets as the transmission mechanism. So, someone will get hurt.

Conditions have been deteriorating all year, but until lately, it has been evident primarily in the stock market where valuations have dropped precipitously as borrowing costs have risen and the prospects of growth have been slashed.Article content “This is a story about boiling lobsters. You put them in cold water and slowly turn the heat up,” said George Goncalves, head of U.S. macro strategy at MUFG Bank Ltd. “That is what is happening in markets. The Fed is turning up the heat. But because the market is still flush with liquidity, it’s not yet clear where the weakness is.”Article contentJPMorgan Chase & Co.

The corporate bond market is also showing increasing signs of strain, according to Marty Fridson, chief investment officer at Lehmann, Livian, Fridson Advisors LLC.Article content

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 43. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bitcoin is real money, a “safe haven” asset as per this big-name in financeBusinessman and best-selling author Robert Kiyosaki described Bitcoin [BTC], silver, and gold as a “buying opportunity” amid the rise of the US dollar and interest rate. The author shared a tweet for his 2.1 million Twitter followers stating his predictions about the aforementioned matter. He predicted that the prices of the three commodities, which are […]
Source: CryptoAmb - 🏆 22. / 68 Read more »