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Search resuls for: "Peter Toogood"


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French assets 'very cheap' compared to U.S. peers, analyst says
  + stars: | 2024-07-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFrench assets 'very cheap' compared to U.S. peers, analyst saysPeter Toogood, CIO at Embark Group, says the outcome of the French parliamentary elections are unlikely to change the financial and economic picture as the country continues to overspend.
Persons: Peter Toogood
'No evidence' that Fed rate cuts are needed: Embark Group CIO
  + stars: | 2023-11-27 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'No evidence' that Fed rate cuts are needed: Embark Group CIOPeter Toogood, CIO of Embark Group, discusses the outlook for the U.S. economy, including interest rates, and markets.
Persons: Peter Toogood Locations: U.S
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Run away' from the Magnificent Seven stocks, warns chief investment officerPeter Toogood, chief investment officer of the Embark Group, said a quarterly revenue decline at Apple and Meta's pivot back to its Facebook-oriented business model are indicators that Big Tech stocks have peaked.
Persons: Peter Toogood Organizations: Apple, Facebook, Big Tech
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. boom is a 'mini bubble within a previous bubble,' Embark Group CIO saysThere is no safe way to play the AI-driven tech rally, says Peter Toogood, chief investment officer at Embark Group.
Persons: Peter Toogood
The recent rise in stocks is a "sucker's rally," according to chief investment officer Peter Toogood. .SPX 1Y line "It's probably been a sucker's rally for a while, is my best guess," Toogood said. The CIO said he was bearish on U.S. equities since the interest earned on cash had risen above bond yields in recent weeks. Bond prices — and their yields — also partly reflect future expectations on the rate of inflation. "I don't think the supply chains have sorted themselves out particularly and the service sector definitely has supply issues," Toogood added.
Inflation is unlikely to travel 'deeply south,' strategist says
  + stars: | 2023-03-06 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInflation is unlikely to travel 'deeply south,' strategist saysPeter Toogood, CIO at Embark Group, discusses the outlook for the economy and whether inflationary pressures will ease in the short term.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBond yields will climb 'for the wrong reasons' next year, strategist saysPeter Toogood, chief investment officer at Embark Group, explains why bond markets will continue to rise in 2023, and how that could affect stocks.
High-growth tech stocks are unlikely to rebound after a "pivot" on interest rates from the Federal Reserve, according to one market strategist. This high-interest-rate environment has devalued equities and sent many tech stocks, including the Nasdaq Composite , firmly into a bear market this year. In such an environment, Toogood said stocks such as Peloton were an "absolute nonsense" trade for investors and pointed to its more-than-70% decline this year to date. Wood has attracted criticism from a range of value investors for the fund's lackluster performance, including Toogood. The ARK Next Generation Internet ETF , another fund also run by Cathie Wood, previously held Peloton shares.
watch nowLONDON — Government bond yields are likely to rise in 2023 "for the wrong reasons," according to Peter Toogood, chief investment officer at Embark Group, as central banks step up efforts to reduce their balance sheets. Bond yields move inversely to prices. I still think bond yields will shift higher for the wrong reasons ... Meanwhile, U.K. government bond yields jumped so aggressively that the Bank of England was forced to intervene to ensure the country's financial stability and prevent a widespread collapse of British final salary pension funds. "You notice bond yields, are they collapsing when the market falls 2-3%?
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGrowth stocks 'derating into a vacuum,' strategist says — here's what to look out forPeter Toogood, chief investment officer at Embark Group, brands Cathie Wood's investment strategy "nonsense" and shares his views on where investors should position themselves in the equity market.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTraders need to get stock specific as European recession looms, says CIOPeter Toogood, chief investment officer at Embark Group, discusses the "earthquake" in the gilt market and whether investors should be buying ahead of the coming recession.
Dan Kitwood | Getty Images News | Getty ImagesLONDON — U.K. Prime Minister Liz Truss was in office for just 44 days before she announced her resignation on Thursday. Her time as leader may have been short, but the impact her tenure had on the British economy was huge. Here are three charts showing how markets behaved during Truss' brief time at 10 Downing Street. Soaring gilt yields Yields on U.K. government bonds – known as gilts – soared after the government announced its mini-budget, which means that prices have crashed as bond yields move inversely to prices. Gilt yields fell as Liz Truss delivered her resignation speech but they flattened out later in the day.
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