Welcome to the #neversell era: How the latest incarnation of Nifty Fifty firms is packing a punch

Deep Dive into global equities

clock • 3 min read

Interest rates, it has been said, are financial gravity. When rates are high, stock prices should be lower, because they reduce the present value of the future cashflows equity investors lay claims to.

The opposite is also true; when rates are low, stock prices should be higher.  In early November, the market value of the Bloomberg Barclays Global Negative Yielding Debt index rose to a record $17.5trn, eclipsing the previous peak of $17trn in August 2019. A question of antitrust: Make jurisprudence great again Today, a quarter of the world's investment-grade debt trades with a negative yield.  It is not surprising, then, many investors seeking returns among this harsh environment conclude there is little alternative to equities.  Unlike during the dotcom frenzy or the housi...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Global

Trade wars emerge as biggest risk facing investment markets in 2025

Trade wars emerge as biggest risk facing investment markets in 2025

ARC survey

Linus Uhlig
clock 02 January 2025 • 2 min read
Bitcoin hits record high as Trump picks crypto enthusiast Paul Atkins for SEC chair

Bitcoin hits record high as Trump picks crypto enthusiast Paul Atkins for SEC chair

Bitcoin hits $100,000

Linus Uhlig
clock 05 December 2024 • 2 min read
Assets of top 100 owners reaches $26.3trn record high

Assets of top 100 owners reaches $26.3trn record high

Thinking Ahead Institute research

Linus Uhlig
clock 25 November 2024 • 3 min read
Trustpilot