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…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have 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 complete your SMS verification

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 proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access


Updating information

Please wait ...


{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership


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