macro fund: That action has been labeled the buy everything trade by some market players, according to Market Watch. Rally in Everything extends w/ S&P 500 closed at fresh high, Bonds gain w/10yr Treasury yield slumped to 1.98% and Gold surged back above 1,400 an ounce. Investors are scooping up bonds on hopes central banks won't be hiking interest rates soon see chart as well as gold and global equities, having driven the S&P 500 to a new record on Tuesday. Holger Zschaepitz Schuldensuehner July 2, 2019 Among the fans are James Whelan, investment manager at VFS Group Global Macro Fund. The Sydney, Australia-based Whelan told Market Watch in an interview that the coming second-quarter U.S. earnings season will be a big test for markets, a view we've been hearing a lot lately. Providing our call of the day he says he's ready to cash in on some of those buy everything gains ahead of a big near-term risk.
(news.financializer.com). As
reported in the news.
Tagged under macro fund, earnings season topics.