Markets on QE steroids and diverge from economic realities
Deurbanisation or disurbanisation and economic implosion could clean up the economy of unneeded parts such as oil and gas, excess logistics and transportation
Economic implosion could lead to emergence of services with less handmade products and services
Besides economic rebalancing - political rebalancing is intact
So far we have seen a drastic peak in nationalism and disglobalistion as citizens flock to their original countries.
More acquisitions that virus was manmade will lead to new escalation between the US and China and more polarization hearting international trade
So international trade will be under pressure anyway while economic pressure could provide ideas for new ways of international trade and travel
Virtual communications have already substituted lots of legacy business process
But businesses are losing benefits and synergies of personal communication
The same trend is in politics with virtualization of country leadership, election process and governments
It may as well all go back to normal in the end of July with countires unlocking from quarantine, but the after taste will permanently install some of new trends
But so far FED measures included broad market tools and no specific bailouts of financial or industrial institutions
No confidence that we have already seen the trough but cautious sector picking may be intact
Trend set by new reality is social distancing
More broader trend set by new reality is deurbanisation
And an intermediate process of suburbisation
While more developed countries have all seen these processes some emerging markets are still in defarming mode
Defarming and urbanisation have brought most of the economic wins in the past 300 years and especially in the 20th century.
Dedefarming could mean economic implosion, but this could be a secular new trend
Recent Strategy Chart Art
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Choose A Country
Airlines: These Coronavirus-Plagued Stocks Could Have Epic Alpha on the Rebound CCN.com Amash seeking Libertarian nomination for president Fox Baltimore
| ARGENTINA: FTSE Russell could strip Argentina stocks of frontier market status Nasdaq Argentine markets stable after debt announcement -traders Nasdaq
| AUSTRALIA: Amazon Is Now Worth More Than The ASX: Whether Its Time To Buy Into Australia Seeking Alpha Australia's Future Fund reports 3.4% drop for quarter Pensions & Investments
| AUSTRIA: Gold Bullion Rallies Above $1700 as Dollar Slips, Lockdown Easing ... BullionVault Equity market rally runs out of steam Financial Times
| BAHRAIN: Mideast Stocks: Factors to watch on April 21 ZAWYA Stocks struggle as antiviral drug hopes fade | THE DAILY TRIBUNE ... News of Bahrain- DT News (press release)
|
BELGIUM: Euronext publishes its detailed dividend payment schedule for 2020 Yahoo Finance “Corona Bonds” Are Putting EU Members at Odds ETFdb.com
| BRAZIL: GLOBAL MARKETS-Equities brush off oil price chaos Reuters Decline in Brazil’s Real Underscores Need for Currency Hedging ETF Trends
| BRITAIN: Coronavirus UK: FTSE 100 opens flat on 5,846 points as oil prices continue to plunge Daily Mail Megacap Slump Drags Down Nasdaq; Dollar Weakens: Markets Wrap Yahoo Canada Finance
| CANADA: CANADA STOCKS-TSX climbs on U.S. plans to reopen economy Reuters CANADA STOCKS-TSX opens higher tracking bounce in global equities Reuters
| CHILE: Global Positivity Sends Pre-Markets Much Higher Nasdaq EMERGING MARKETS-Mexico's peso leads Latam FX lower, Stocks edge up Reuters
|
CHINA: Chinese equities – ahead of the curve Investors' Corner BNP Paribas UK local authority pool seeks specialist China equity manager IPE.com
| COLOMBIA: European Shares Poised For Firm Start Nasdaq EMERGING MARKETS-Latam FX weakens as dollar unfazed by jobs data; stocks edge up Yahoo Finance
| CZECH: CEE MARKETS-Stocks, currencies ease as optimism over stimulus measures loses steam Yahoo Finance CEE MARKETS-Shares fall as optimism fades, currencies hold up Nasdaq
| DENMARK: Europe's Number One Stock Market Is Close to Erasing 2020 Drop swissinfo.ch Global versus UK equity income – home or away? Hargreaves Lansdown
| EGYPT: Mideast Stocks: Factors to watch on April 27 ZAWYA MIDEAST STOCKS-Gulf stocks end mixed, Saudi edges up ahead of OPEC+ meet Reuters
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FINLAND: “Corona Bonds” Are Putting EU Members at Odds ETFdb.com Lockdown extension may trigger flight of more FII money from stocks Economic Times
| FRANCE: European Equities: Corporate Earnings and COVID-19 in Focus Yahoo Finance Retail Savings & Investments in France: Revised Sector Forecasts Following COVID-19 Outbreak - ResearchAndMarkets.com Yahoo Finance
| GERMANY: European stocks climb as Germany plots path out of lockdown Yahoo Finance European Equities: Corporate Earnings and COVID-19 in Focus Yahoo Finance
| GREECE: Equities Rally and the Dollar Eases to Start the Week Yahoo Finance Brakes or bans: Protecting financial markets during a pandemic ... voxeu.org
| HONG KONG: Stocks Rise in Asia With U.S. Futures; Dollar Dips: Markets Wrap Yahoo Canada Finance Megacap Slump Drags Down Nasdaq; Dollar Weakens: Markets Wrap Yahoo Canada Finance
|
HUNGARY: FX Daily: QE won’t hit Hungary’s forint ING Think Hungary's Disease Dictator by László Bruszt Project Syndicate
| INDIA: Sell Whirlpool India, target price Rs 1,540: Kotak Institutional Equities Economic Times Mutual Fund Top Trumps – India equities International Adviser
| INDONESIA: SE Asia Stocks-Thailand, Indonesia, Vietnam track Wall Street gains, Singapore down Reuters Policy Steps Could Portend Rebound for This Emerging Markets ETF ETF Trends
| IRELAND: Bank of Ireland and AIB woes continue as Irish market falters The Irish Times Irish and European stocks rise as Chinese manufacturing rebounds The Irish Times
| ISRAEL: Israel Leads Mideast Stock Gains After Global Rally on Friday Bloomberg Sun: Banks lead sharp TASE gains Globes
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ITALY: Italy - Factors to watch on April 29 Reuters GLOBAL MARKETS-Equities brush off oil price chaos Reuters
| JAPAN: Japanese equities: A rise from the ashes The Borneo Post These Charts Indicate Calm Has Returned to Japan’s Stock Market Bloomberg
| KAZAKHSTAN: Uranium equities creep higher www.mining-journal.com Traders' Diary: Nifty breakout can take index 200 pts higher Economic Times (blog)
| LEBANON: US stocks climb as governments plan to ease virus lockdowns Lebanon Express Gas found off Lebanon not commercially viable: minister ETEnergyworld.com
| MALAYSIA: Foreign funds outlow highest in five weeks New Straits Times Online World's largest sovereign wealth fund ups Malaysia-listed equity ... The Edge Markets MY
|
MEXICO: Mexico’s Bonds May Be Reaching a Bottom. Stocks Are Still Being Punished. Barron's GLOBAL MARKETS-Equities brush off oil price chaos Reuters
| NETHERLANDS: LONDON MARKET MIDDAY: Stocks Climb As Lockdowns Ease ... Morningstar Europe Still a Mess, Equities Reverse Course Nasdaq
| NEW ZEALAND: NZ shares fall as oil crash spooks investors New Zealand Herald The importance of governance in a crisis Top1000funds.com
| NIGERIA: Nigerian banking stocks ignore red flags, boost Nigeria Stock Market | Nairametrics Nigeria equities market closes Easter Holiday with 1.47 per cent ... Premium Times
| NORWAY: World's largest sovereign wealth fund ups Malaysia-listed equity ... The Edge Markets MY Norway's wealth fund lost $114 billion in first quarter as stocks crash Reuters
|
OMAN: Fitch Revises Oman Reinsurance Company's Outlook to Negative ... Fitch Ratings Mideast Stocks: Factors to watch on April 27 ZAWYA
| PAKISTAN: Pakistan Stock Exchange PSX Closing Rates 28 Apr 2020 UrduPoint News Asian markets mostly up as lockdowns eased but oil plunges again Pakistan Today
| PERU: SP Angel . Morning View - Equities gain as economies look to ease lockdowns Vox Markets Base metals rise as risk sentiment improves; Fed decision in focus Financial Post
| PHILIPPINES: SE Asia Stocks-Down on bleak economic outlook; Philippines plunges 4% Nasdaq Southeast Asia stocks set for bull market Manila Bulletin
| POLAND: CEE MARKETS-Currencies, stocks rise amid U.S. reopening plans, shrug off China data Yahoo Finance Poland - Factors to Watch Apr 24 Reuters
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PORTUGAL: European Shares Poised For Firm Start Nasdaq Equities Rally and the Dollar Eases to Start the Week Yahoo Finance
| QATAR: Qatar shares decline amid IMF's weak economic projections for ... Gulf Times Domestic institutions help QSE cross 8,600 level Gulf Times
| QATAR: Qatar shares decline amid IMF's weak economic projections for ... Gulf Times Domestic institutions help QSE cross 8,600 level Gulf Times
| ROMANIA: FTSE Russell could strip Argentina stocks of frontier market status Nasdaq The 3 Best Dividend Stocks to Buy and Hold Forever Nasdaq
| RUSSIA: Russian rouble firms as c.bank keeps on selling FX Nasdaq Can Putin’s Russia Survive Weak Oil And The Coronavirus? Forbes
|
SINGAPORE: Singapore stock watch: SGX, Mapletree Logistics Trust, Sats, HC ... The Straits Times Singapore shares open lower after govt extends circuit breaker; STI down 0.9% The Business Times
| SOUTH AFRICA: Worst-Ever Quarter for South African Stocks Has a Gold Lining Bloomberg Rapid rebound on JSE a sign to 'tread carefully' Moneyweb.co.za
| SOUTH KOREA: Retail investors pump money into South Korean stocks like never before The Business Times Stocks Rise in Asia With U.S. Futures; Dollar Dips: Markets Wrap Yahoo Canada Finance
| SPAIN: Megacap Slump Drags Down Nasdaq; Dollar Weakens: Markets Wrap Yahoo Canada Finance Market Outlook: Upbeat start for European equities Investors Chronicle
| SWEDEN: GLOBAL MARKETS-Equities brush off oil price chaos Reuters Stocks rise despite mixed earnings while investors weigh easing of ... The Guardian
|
SWITZERLAND: Swiss stocks - Factors to watch on April 1 Reuters Global versus UK equity income – home or away? Hargreaves Lansdown
| TAIWAN: Taiwan shares end sharply up amid hopes on deal among oil ... Focus Taiwan News Channel Taiwan Business Quick Take Taipei Times
| THAILAND: SE Asia Stocks-Thailand rises on stimulus hopes; Malaysia up as infection curve flattens Reuters Thai stocks surge on easing virus cases, economic stimulus Bangkok Post
| TURKEY: Global Equities Rise on Pandemic-Drug Hopes and U.S. Reopening Plan Nasdaq Turkey's watchdog puts new limits on forex swaps Hurriyet Daily News
| UAE: New DFM units to 'transform post trade services scene' Khaleej Times UAE market regulator grants listed firms additional 45 days to report results The National
|
UKRAINE: POLL-Ukraine central bank to cut rates as coronavirus recession looms Nasdaq Senior official cited by Trump is subject of investigation Fox Baltimore
| UNITED STATES: U.S equities rise, gold prices softens as phased re-openings begin Kitco NEWS US Equities: Earnings Move to Forefront Ahead of Fed Decisions Yahoo Finance
| VIETNAM: Vietnam stocks become world's best after extreme turmoil in March The Star Online SE Asia Stocks-Up as global equities cheer slowing virus; Vietnam surges 5% Reuters
|
Comment
Monthly performance is between 2020-03-31 and 2020-03-02
Best global markets YTD EFM ASIA-18.35%, USA-20.04%, EM (EMERGING MARKETS)-23.87%,
While worst global markets YTD EM LATIN AMERICA -45.96%, FM (FRONTIER MARKETS) -27.73%, EUROPE -24.81%,
Best global markets last month EFM ASIA-12.93%, EUROPE-15.99%, EM (EMERGING MARKETS)-16.56%,
While worst global markets last month EM LATIN AMERICA -36.43%, FM (FRONTIER MARKETS) -21.37%, USA -16.63%,
Chart of the day: A look at the US equities reporting season Livewire Markets Will U.S. exchange trading floors still be relevant post-coronavirus? Nasdaq Gold solidly down Thursday, following sell off in U.S. equities Kitco NEWS India, Turkey, Russia, and Other Emerging Markets Will Be ... Foreign Policy Why you should invest in emerging markets even during Coronavirus | Markets Gulf News U.S.-China Angst Tests ‘Sell in May’ Mantra for Emerging Markets BloombergQuint Why Chinese Stocks Tumbled Today Motley Fool Hong Kong falls nearly 4% as US-China tensions weigh on investor sentiment CNBC Oil and Asia stocks drop as US-China tensions flare again Financial Times European Equities: Geopolitical Risk and More PMIs to Test the Majors FX Empire Market Outlook: Upbeat start for European equities Investors Chronicle European Equities: A Month in Review – 01/05/20 Yahoo News Oil Price Forecast: WTI drops 6% on fears of US-China trade tensions FXStreet A Major Bull Run Is Forming In Oil Markets OilPrice.com Oil prices lower on U.S.-China trade tension Reuters Will Oil Price Collapse Lead to a Crash in Global Steel Prices? Hellenic Shipping News Worldwide Robust iron ore price to erode as steelmakers shut furnaces Hellenic Shipping News Worldwide Nucor CEO sticks by dividend, predicts steel price bottom in second quarter CNBC Gold price has room to move lower, watch $1655 - analysts Kitco NEWS Gold Price News and Forecast: XAU/USD seesaw around $1,700 amid challenges to US-China trade deal FXStreet Potential Highs And Lows For Gold In 2020 Yahoo Finance
Best last month among various countries' equity markets were LEBANON +4.81%, TRINIDAD AND TOBAGO-2.79%, DENMARK-6.93%, SWITZERLAND-7.42%, CHINA-8.59%, JORDAN-8.65%, JAPAN-8.68%, QATAR-9.44%, TUNISIA-9.92%, MALAYSIA-10.71%,
While worst last month among various countries' equity markets were COLOMBIA -41.31%, BRAZIL -39.96%, PAKISTAN -37.66%, MAURITIUS -37.15%, ARGENTINA -35.32%, ZIMBABWE -32.13%, AUSTRIA -31.55%, MEXICO -31.07%, HUNGARY -29.65%, CZECH REPUBLIC -28.68%,
Best YTD among various country equities were ZIMBABWE +19.70%, BOTSWANA +6.17%, LEBANON +0.07%, TUNISIA-6.41%, BOSNIA AND HERZEGOVINA-8.66%, DENMARK-8.78%, JORDAN-9.94%, CHINA-10.24%, SWITZERLAND-12.29%, PORTUGAL-13.11%,
While worst YTD among various country equities were BRAZIL -50.61%, COLOMBIA -50.25%, GREECE -45.21%, AUSTRIA -42.88%, SOUTH AFRICA -40.53%, PAKISTAN -40.37%, INDONESIA -40.19%, ARGENTINA -39.32%, HUNGARY -39.01%, CZECH REPUBLIC -38.51%,
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