Friday, 23 October 2015

Future returns correlations

As usual, educational article from Vanguard.
The most interesting piece is the chart 2, Association of future real equity market returns with various initial conditions: 1926-2011.

Tuesday, 20 October 2015

UniCredit Austria being sold to Bawag?

"UniCredit SpA advanced 2.8 percent after Der Standard reported the lender may sell its Austrian consumer and small-company business to Bawag PSK Bank AG. "

Bloomberg - European Stocks Fall After ECB Report Dims Prospects of More QE

Thursday, 8 October 2015

Volatility regime change

The new volatility regime in the markets is getting into shape. Mohammed El-Erian offers Six rules for navigating volatile markets