The latest edition of Financial Orbit Highlights is out

Please find a link to the latest edition of Financial Orbit Highlights here

‘The Santa Claus rally says Merry Christmas’

A hugely volatile week for markets which started with a Russian crisis and ended with the much-maligned S&P 500 Energy sector being up 11.7% from Tuesday's low and a feeling of a leveraged Santa Claus rally move.  Despite the second Greek Presidential Parliamentary vote due next week I expect a relatively quiet pre-Christmas market. Why though do I have this niggling thought in my mind that there is going to be something 'excitable' to report from newsflow on the 25th/26th? It really has been that sort of year…

So what have been my highlights of the last week?

• US: Janet may have said the right things but scrape below the surface..;
• Why Economists are not as obese as other professions;
• Europe: Russia bounces back (in 2017) and Russians wish they had bought gold;
• Asia: challenges in Japan, excessive optimism in China;
• Bonds: junk bonds tells us something whilst Greece maps the way for Venezuela;
• 2015: going to be all about volatility, opportunities, a trading focus and nerve

As this will be the last Highlights of 2014 (back on the first Saturday of January 2015) I would just like to wish all readers a Merry Christmas, Happy Holidays and all the best for the New Year.  Daily updates throughout the holiday season will be available – as always – on www.financialorbit.com


Chris Bailey                                                                                 
Founder, Financial Orbit

Email: chris.bailey@financialorbit.com
Web: www.financialorbit.com
Twitter: @financial_orbit