The S&P 500 as the world’s most important index is just below its all-time high after yesterday’s rise. But liquidity in trading is collapsing more and more. Yesterday was one of the weakest trading days in years. Since 2015, the trading volume has been collapsing continuously (which is why spreads in US equity trading continue to rise) – if bad news hits the markets, the lack of liquidity is likely to have similarly severe consequences as it did in December 2018 with the sell-off. After yesterday’s “dance of death” in terms of volume, there will probably be more liquidity today because today alone four of the 30 companies in the Dow Jones are presenting their figures. The Brexit vote will now take place on Thursday.
What do shares like Anheuser-Busch, Beiersdorf, Coca-Cola, Danone, Linde, Mc Donalds, Nestle and others have in common? They are regarded as stable, safe dividend payers – and their prices are currently rising faster than their […]
Is the Brexit drama taking an unexpected turn? According to statements from the government circulated by insiders, the Johnson government might consider abandoning its Brexit deal with the EU if the British Parliament were to […]
After Britain officially left the European Union at the end of January, the British Pound suffered heavy losses against almost all the major currencies. GBP/USD lost over 300 pips in the last 12 days. This […]