Taking macro risk affiliated with politics out of a portfolio means less downside.
Rangan also notes that the company gets about 40% of revenues from the EU, where he sees ongoing macro risk.
FORBES: Autodesk: Merrill Cuts Rating; Worries On Euro Exposure
Dean Curnutt at Macro Risk Advisors figures that in early March the Credit Suisse fund had to trade the equivalent of 3, 300 VIX futures contracts daily, or about 4% of the entire day's volume.
Considering the new OEM agreement and related potential for a near-term takeout are likely to continue to out-weigh near-term macro-related risk for the stock, we reiterate our Buy rating.
FORBES: CommVault Rallies; ThinkEquity Says Dell Should Bid ASAP
The current account is in surplus, but at some point a falling trade balance could send the current account into deficit, creating huge dangers and risk of macro financial market disruption.
Gold is drawing safe-haven interest, several market watchers said, as there is a drop in risk appetite amid macro uncertainty.
FORBES: FOCUS: Speculators Mostly Return As Buyers To Metals -- CFTC Data
When you provide this much discretion to a single manager, when you talk about that wide range, that wide band on duration, the ability to go long and short across the different macro factors, you can introduce some risk into the portfolio, not withstanding your risk target of a bond like volatility.
While a correction to below the average leaves risk, an adverse change in macro is required to take shares to these levels.
FORBES: Apple: Citi Launches With Buy Rating; Sees 'Near-Term Trough'
The market rumbles in risk on, risk off variance, shying at every macro variable that could spell trouble.
Macro keeps us on the sidelines as we see risk of below consensus growth, but note strong capital allocation and growth records.
As risk appetite increases on ideas the U.S. macro outlook has improved, there are more investors seeking broadly diversified ETPs, he said.
FORBES: Gold ETPs See Greatest Inflows In Third Quarter -- ETF Securities
But beware: with little macro data to feed the frenzy this Friday, we should expect some prudent risk pairing as we head into the weekend without a solution.
Most of the risk in Brazil stems from political interference in the economy through a myriad of surprise macro measures such as taxation on investment, to monetary policy related to the foreign exchange rate.
应用推荐