Capital Markets

S&P Futures, European Stocks Bounce As Dollar Rises Most In Two Weeks; Gold, Yen Slide

The dollar rebounded from a key support level, strengthening against all major peers, pushing S&P futures higher as European shares rose, led by basic resources and real estate, while Asian stocks fall. Gold fell from its highest level since November as demand for some haven assets ebbed while global bonds declined. Oil dipped, pressured by a stronger dollar.

What Google Trends Reveal About The State Of America's Torn Society

If you want to know what’s really on the minds of the American population since the Election, just look at Google search trends.  For example, did the Dow hitting 20,000 last week spark a lot of interest in the stock market or that venerable measure?  Not really – searches for “Stock market” and “Dow Jones” are the same now as last year at this time.  What DID force public attention on those terms was (you guessed it) the US Election

Two Wars Are About To Break Out Over Border Adjustment Tax

Two wars are set to break out over the Border Adjustment Tax: one is domestic and involves exporter vs importer alliances, and will soon shift into the Senate. The second war is one which would break out after the BAT is passed, and it would hammer America's biggest trading partners

How Long Can China's Debt Continue To Grow Before A Systemic Crisis Strikes?

How long can China's debt continue to grow before a Minsky moment or systemic debt crisis?  As the government continues to rely on credit-fuelled investment to offset downward pressures within the domestic economy and from a subdued global environment China's debt/GDP ratio is set to rise further. But how much higher can it rise? Here is UBS' attempt to answer the $64 trillion question.

The Full Breakdown Of How Trump Tax Policies Will Impact S&P Earnings

Some form of corporate tax reform under Trump seems likely likely as it is a stated priority of President Trump and has widespread Congressional support. In the following analysis, BofA analyzes the four components that could have big equity implications on S&P500 earnings over the coming years.