But we begin with another tough day on wall street stocks hitting the skids as yields head south just adding to wall streets wall of worry wp Goldman Sachs, morgan stanley, ubs, bank of america all out with new notes raising the red flag on trade tensions hitting the market so what do we make of all this the sort of, i dont know, stuttering in the markets based on trade its interesting that youre getting some of the macro folks around the street starting to become a little more concerned when in fact i do think that weve seen bond yields telling us something very dramatic 164 we closed on the 10year dollar holding in. But i think the concern around the rest of the world truly that were seeing major contraction, a couple of pmis weve had over the last couple of weeks weve got regional fed surveys this week weve got a cpi number in the states which i do think the fed will be closely watching to at least give them something to follow through behind in terms of inflation or lack thereof gi
Shares advance buoyed by gains in energy stocks; Monadelphous seals $200m contract with Albemarle; Credit Suisse fined $575m over Archegos fiasco. Follow here for more.
Top-notch Sri Lankan and international expert speakers, including Nobel Prize winner
State Minister of Money & Capital Market and State Enterprise Reforms Ajith Nivard Cabraal
Institute of Policy Studies of Sri Lanka Executive Director Dr. Dushni Weerakoon
Asia Securities, Sri Lanka’s leading independent investment banking and wealth management firm, will host its 4th Annual Sri Lanka Investment Conference over three days next week. Titled ‘2021: The Investors’ Dilemma’, the event will explore the outlook for the economic rebound and financial markets next year, in what will surely be a fascinating investing environment. Considering current safety concerns, Asia Securities will deliver the conference virtually with three two-hour sessions which will be live-streamed from 15-17 December.