u.s .,: Ash Alankar and Asset Allocation

u.s .,: Data Trek Research pointed to a New York Fed research finding that basically all the moves in the S&P 500 going back two decades is tied to the three days around Federal Open Market Committee meetings, and more recently, the Fed's press conferences and dot plots, according to Market Watch. Guess who doesn't meet in August Ash Alankar, head of global asset allocation at Janus Henderson Investors, says in the call of the day that financial markets may be shifting to a new era where fundamentals actually matter. After another rocky session, U.S. stocks on Wednesday finished pretty much where they started. The era of bad news is good news might be coming to an end, Alankar said in a phone interview. Not that the fundamentals, particularly in the U.S., are terrible interest rates are low, inflation is stable, job growth is still solid, many mortgage borrowers are able to refinance to still-lower payments but Alankar isn't a fan of stocks at the moment. On Wednesday, for instance, the news that three central banks cut interest rates was greeted by alarm rather than celebration, he pointed out. (news.financializer.com). As reported in the news.