Nov 6, 2021 | Market Commentary
Gordon Telfer, CIO, Co-Portfolio Manager, Newday Impact Overview This month’s note tackles falling COVID-19 cases, a wide range of economic developments, and the big three issues on my mind right now: the Chinese economic slowdown (a rising concern), supply chain...
Oct 29, 2021 | Market Commentary
Overview The economic rebound from last year’s deep recession is likely behind us and some of the extreme dislocations that resulted from the COVID pandemic may be moderating. While the global economy is slowing, growth remains robust, and consumers are well...
Jul 19, 2021 | Market Commentary
NEWDAY IMPACT WEEKLY RECAP COMMENTARY: JULY 19 2021 U.S. Markets: Growth Scare? A “growth scare” and resurgent Covid infections are causing bond yields to fall, leading to volatility and sector/country rotation. But, stable consensus growth, inflation, and rates...
Jul 12, 2021 | Market Commentary
NEWDAY WEEKLY RECAP COMMENTARY, July 12, 2021 Markets: Another Record High for S&P 500 Source: Bloomberg The SPX rose 40-bps this week, closing at a new record high. Source: Bloomberg The 10-Year Treasury fell nearly 18-bps mid-week, before bouncing off...
Jul 1, 2021 | Market Commentary
Q2 2021 GLOBAL EQUITY COMMENTARY Sidebar: The COVID-19 pandemic appears to be entering a new and more viral phase. The good news is that there is an increasing volume of vaccines being rolled out, and businesses are gradually resuming normal operations. Strong...
Jun 30, 2021 | Market Commentary
Country Ranking Trends A review of Pakistan was conducted following recent developments relating to market integrity, but no changes were made to their overall country score. Improvements were reported around the supervision of non-financial businesses for money...
