Stop with the corporate jargon.
Source: Corporate rebels
During the election year, the averages tell us that it's going to be sideways to lower for the next 2 months...
Source: Grant Hawkridge
No wonder the US is polarized...
Source: Michel A.Arouet
European stocks are currently trading at their lowest valuation relative to U.S. Stocks in history
Source: Win Smart, IBES
Divided Bank of England boe leaves policy unchanged, says interestrates are ‘under review’
- Inflation is projected to fall temporarily to the Bank’s 2% target in the second quarter of this year before rising again in the third and fourth, due to the varying contribution of energy prices to annual comparisons. - Headline inflation is not expected to return to target again until late 2026, the Bank’s newest Monetary Policy Report projected. - Bank of England: 6 votes to hold rates, 2 votes to hike, 1 vote to cut This is the 6th time in the BoE's 295 meeting history that we've seen a 3 way split vote. On most occasions (except for '06) - the doves have won & BoE have gone on to cut rates sharply https://lnkd.in/e64nMDB6
Powell “stayed away from addressing the banking sector but the sharp decline in regional shares is certainly getting attention at the Fed.”
Could the combo "March cut is fully priced out + regional bank stress building" trigger a temporary spike of the VIX? Source: Carl Quintanilla
The two largest economies in Africa are under huge financial strain.
On Monday, Nigeria de facto devalued the naira by ~30% (after another ~30% devaluation in June). And Egypt is under pressure to devalue too, with the pound ~50% weaker in the black market. Source: Javier Blas Bloomberg
China Factory Activity Expands Again, Private Survey Shows
Source: Bloomberg, C.Barraud
