Assets

“A Recordbreaking Month”: These Were The Best And Worst Performing Assets In November And YTD

With stocks posting record returns in virtually all global markets, it will come as no surprise that according to Deutsche Bank’s Henry Allen, November was a great month for financial markets as 34 out of the 38 non-currency assets in the bank’s sample rose, which also means that 27 of them are now up on…

A Tale Of Two Markets: Visualizing The Huge Impact Of The Covid Vaccine Across Assets

The story of the market since the March lows has been one of two parts, the first of massive FAAMG/tech/growth/momentum outperformance, and a second one in which value and cyclicals was burst higher; the only question is where does one put the bifurcation point. According to one strategist, Deutsche Bank’s FX strategist Alan Riskin, that…

Spain’s Santander In Talks To Buy Wirecard Bank, Other Assets Out Of Bankruptcy

Even though auditors eventually determined that roughly 2/3rds of Wirecard’s revenue (including practically all of its Asian business) was fraudulent, there are still a few businesses and assets, including Wirecard’s former European banking unit, and its payments software, that have been deemed valuable. And the company’s German bankruptcy trustee has been working to sell these…