Research Watch

The “great rotation”, Soros on the euro, a looming correction, Goldman’s bearded leader, and hedge fund fisticuffs.

There has been a great deal of talk about a ‘Great Rotation’ from bonds into equities in recent weeks, and now Bank of America Merrill Lynch’s chief investment strategist is out with a handy chart illustrating exactly how it might work. However, Citigroup says the paradigm shift is probably still a year away, and Gary Shilling argues the deleveraging era could run another five. Meanwhile, George Soros and Deutsche Bank are backing the euro, but Marc Faber warns of a “1987 redux” in the seemingly stabilised economic zone. Also this week, PIMCO may be building a bond disaster, four notes on Lloyd Blankfein’s new beard, and researchers at New York University have come up with a sneaky tactic to avoid the fallout from negative company announcements. On video, hedge fund titans Bill Ackman and Carl Icahn go head to head on CNBC, in a segment Jim Cramer calls the greatest moment in financial TV — ever.

(Michael Hartnett, Bank of America Merrill Lynch’s chief investment strategist, January 29)


{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device

Register as a new member

(using a different email)

Related Articles