stock market

Correction, Even an Equity ‘Crash,’ Won’t Threaten Economy

written by Michael Lewis on February 09, 2018

FMI’s commentary on the current stock market correction.

FMI Weekly Data Preview: June 20-24

written by Michael Lewis on June 20, 2016

FMI’s Preview of this week’s few notable economic data releases

TOE Alert: Financial Market Mayhem

written by Richard Katz on February 09, 2016

Key points for Richard Katz's TOE Alert include: - Stock prices fell 5% on Tuesday and another 2.4% Wednesday morning to the lowest level since Kuroda’s “monetary bazooka” of October 2014; - The yen stands at ¥114.6/$, the strongest level since October 2014; - Yields on JGBs out to ten-year maturity are now in negative territory, for the first time; - Banks, pension funds, insurers all invest heavily in JGBs; - Banks have already made big cuts in the rates they pay depositors, but are not expected to go into negative territory for households or SMEs; - All this means a squeeze on earnings at banks, insurers and pension funds