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YTD
- year to date.
Example Sentences
But that comes after a near 50% YTD gain four months ago, and the underperformance is expected to continue regardless of who wins, according to JPMorgan's Diego Celedon.
"Equities are up 16% YTD mostly on multiple expansion while real rates and cost of capital are moving deeper into restrictive territory," the firm's equity strategists said in a note.
"Equities are up 16% YTD mostly on multiple expansion while real rates and cost of capital are moving deeper into restrictive territory," JPMorgan equity strategists said in a note.
The Chinese yuan slipped to its weakest level this year, nudging 6.98 per dollar and Chinese stocks resumed their recent losing streak, reducing the Shanghai composite's year-to-date gains to 6.5% and the blue chip index's YTD gains to 2.75%.
Regionally, the Latin American default rate is expected to jump to 5.7% next year from 2.2% YTD, driven by Argentina, repeat defaulters, and idiosyncratic stories, although some "bulky" restructurings could even happen as soon as this year.
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