Dear Reader,
The dust after the US presidential elections has settled. Donald Trump has won.
I personally think that international banks and brokerages will do well. The regulation pressure on the financial services industry will ease.
I believe the Federal Reserve will hike the Federal Funds Rate in December 2016 and December 2017. The US economy will not speed up markedly.
US technology stocks seem a good investment still. Many corners of the tech market are in a bubble, but in general the smartphone/mobile boom is still going. Artificial intelligence seems to be the next big thing, if done correctly. Personally, I do not believe robots will replace humans. I think robots will augment humans, help them do their jobs more efficiently, not replace them.
Nvidia seems a good bet on artificial intelligence. Facebook is slowing into a mature business. Weibo and Match Inc. seem to offer growth opportunities and are generally a good bet.
The European Central Bank will most certainly extend its Asset Purchase Program beyond March 2017. German 10 year government bonds yield should go again to zero in the next few months. The spread with Italy 10 year and Spain 10 year goverment bonds, however, should remain elevated.
Gold, according to me, is close to finding a bottom. Oil seems stuck between 40 and 60 USD in the near term.
EUR/USD should reach 0.90 in the first few months of 2017, bottom out and the euro should slowly start to aprreciate from then on.
Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn etc.) are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed in the blogpost and posts on social networks(Twitter, LinkedIn etc.) are the author's and they in no way express the opinion or official position of Bulgarian National Bank!
Conflicts of interest: I may possess some of the securities,currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Kind regards,
Petar Posledovich
Stocks valuations, analysis. Unbiased. Insightful. Property of Wolfteam Ltd., www.wolfteamedge.com If you find the blog useful, LINK TO www.posledovich.blogspot.com Stocks, Bitcoin, Cryptocurrencies, AI, analysis, insights. CLICK ADVERTISEMENTS, SHARE ON SOCIAL NETWORKS! Technology, Bitcoin, AI, company strategy, stocks analysis. Stocks, crypto involve high RISK! Nothing on this blog is meant or should be construed as investment recommendation to buy or sell securities or their derivatives!
No comments:
Post a Comment