Coronavirus Fears continue to drive markets lower and now that fear is spreading into Heightened Systemic Risks. Global Central Banks and Governments continue to Deploy Emergency Stimulus as Global Data shows the Dire Impact of the Virus. Finally, Oil Crashed to Multi-year lows on the Saudi/Russia price war.
Virus fears continues to whipsaw markets but an oil price war has moved to the second spot. Coordinated global stimulus and Growth fears along with Rising Systemic Risks round out the final three spots.
Coronavirus fears continue to drive markets, while a coordinated Global Central Bank response to the outbreak moves into the 2nd spot, replacing Weakening Global Economic Data. Oil Multiyear Lows enters in the 4th spot, with US Political/Policy Uncertainty rounding out the top 5.
With infection rates accelerating, the Coronavirus Outbreak remains front and center along with Global Growth as the biggest driver of markets this week. The Federal Reserve and Global Central Banks expectations for further easing remains third. Safe Haven Status Fueling Dollar Appreciation enters the top five for the first time and US Political Uncertainty falls to fifth.
The Coronavirus remains front and center on investor’s minds, while the Global Growth Rebound moves up to the 2nd spot due to said virus. The Fed drops to 3rd and US Politics remains in the 4th spot. Cautious positioning amid record equity highs enters the top 5 for the first time.
The Global Coronavirus Outbreak remains front and center again this week. The Fed moves up to 2nd as Powell heads to the Hill for the semi-annual Humphry-Hawkins Testimony. Global growth fears, US Political and Policy Uncertainty and the drop in Oil prices and OPEC’s efforts to counteract round out the top five for the week.
This weeks rankings are led by the Corona Virus, Corporate Earnings, Central Banks and Global Growth, while Oil joins the party this week.
Virus fears remain ahead of what has been a strong corporate earnings season thus far. The Fed and BoE move up a spot with meetings this week, while global growth and US political uncertainty round out the top five.
A Sars-like Virus Outbreak in Asia has taken over the top spot this week, replacing US corporate earnings, which have been solid thus far. Global growth, equity new highs and easing of trade policy round out the top 5.
This week’s top 5 are US Corporate Earnings, Hopes for Global Growth, US-Iran tensions, Central Banks and US-China détente.