Greece Revisited – The ‘Grexit’ Threat

Four months ago, we penned the Research & Papers entry The Greek Economy – Tragedy or Comedy? which included this statement: “February’s agreement to extend the bailout for four more months was based on an agreement by the Greek government to pursue a number of initiatives to balance its budget. But many of the initiatives are very fuzzy and the benchmarks for success are not established. The Greek government has bought itself time, but it is not clear what the endgame will be.” On June 30, the path to the endgame became clearer as Greece became the first developed country to miss an International Monetary Fund (IMF) payment.

Capitalizing Further on Selective Opportunities in International Markets

Last quarter’s “Risks and Opportunities in a Fragmenting World” ended with our view that the strong US dollar and oil price collapse would likely result in volatile economic data early this year. We also noted that the Federal Reserve would therefore delay its first interest rate increase longer than many were expecting at that time. Events over the first three months of this year have unfolded more or less along those lines.

How to Jump Into the Foreign Rally

Balentine Chief Investment Officer Adrian Cronje was quoted in the Wall Street Journal for its article “How to Jump into the Foreign Rally.”

The Greek Economy – Tragedy or Comedy?

In its halcyon days before the great European recession, Greece conjured up the sunbaked Aegean Islands, the acropolis, the wars of Troy and of course the Greek theatre. After all, Greeks loved tragedy and comedy in their great amphitheaters of the Peloponnesia. It appears that the Greek economy is once again playing out as both […]

Risks and Opportunities in a Fragmenting World

2014 will end up in the history books as a surprisingly good year for US stocks and bonds. Though the S&P 500 index was showing a decline on the year through early October, the Federal Reserve’s (Fed’s) reassurance that it would be “patient” in raising short-term interest rates reinforced a sharp rally over the last […]

The Abenomics Opportunity

It is truly rare to see the market exhibit as strong a return as the Japanese markets have exhibited over the last two years, yet remained valued attractively; however, Balentine’s Investment Strategy Team believes this is indeed the case for Japan. Therefore, our team has recently made policy changes to take advantage of potential multiple […]